Friday, March 03, 2017

MARKETS_ Foreign Investors Spurn China’s Markets

THE WALL STREET JOURNAL

MARKETS

Foreign Investors Spurn China’s Markets

Concerns ranging from tight capital controls to a lack of transparency to expensive valuations have kept money managers on the sidelines


By Shen Hong, Anjie Zheng and Rachel Rosenthal
Updated March 2, 2017 6:52 p.m. ET


SHANGHAI—China is opening its financial markets more than ever to global investors, hoping the charm offensive will attract more money just as it struggles to stem heavy capital withdrawals.

The expected gusher of funds hasn’t materialized.

In just over 12 months, China has opened its $9 trillion bond market to overseas investors and launched a trading link between the Shenzhen and Hong Kong stock markets that allows...

READ MORE: https://www.wsj.com/articles/foreign-investors-spurn-chinas-markets-1488489124


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