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KM Financial Solutions | Anxious Chinese investors cut equities risk ahead of holiday
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Anxious Chinese investors cut equities risk ahead of holiday

13 Feb Anxious Chinese investors cut equities risk ahead of holiday

Posted at 05:06h in News by
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SHANGHAI, Feb 14 (Reuters) – Unnerved by a slump in their
stock market in the past two weeks, Chinese investors are
playing it safe as they head into week-long Lunar New Year
holidays by reducing their equity holdings.
China’s stock market will be closed from Thursday through
next Wednesday for the holiday. In preparation, money is flowing
into less risky assets, such as bonds, while traders are also
scooping up derivatives to hedge against market risks.

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