[Zannn]

More and more of the shares held by institutions get shifted to US(see report below). Recently 5 big state own Chinese companies announced they will delist from NYSE the stocks fell only 2-3%.

Main problem now looking at the earnings from China is consumer slowdown which is hitting companies hard. Only good numbers are jn certain sectors like EV which are still growing. The 3 pressure points are covid zero, housing crisis send tech regulatory crackdowns.  ...all are self inflicted wounds.

Right now along with the mortgage protests and banking protests, unemployment is rising especially among youths.

Given China's policy directions,  investors will not have confidence in them.


https://www.reuters.com/markets/us/china...022-08-10/

This does not mean money will flow into Hsi n sse. Like u pointed out the confidence is not there