Home » Foreign capital accelerating the increase in Chinese asset holdings, two-way fluctuations in exchange rate are still the norm

Foreign capital accelerating the increase in Chinese asset holdings, two-way fluctuations in exchange rate are still the norm

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Foreign capital accelerating the increase in Chinese asset holdings, exchange rate fluctuations in both directions are still the norm

2021-12-13 07:36

Source: Economic Information Daily

Economic Information

2021-12-13 07:36

Securities Times e company news, last week (December 6 to December 10), northbound funds set a weekly net purchase record of 48.8 billion yuan, the net purchase amount during the year has exceeded 400 billion yuan, compared with last year’s total The annual growth rate is nearly 95%. According to industry insiders, the current pressure on the appreciation of the renminbi has eased, and it is expected that the renminbi exchange rate will continue to fluctuate in both directions in the future, and the overall exchange rate will remain at a reasonable and balanced level. With the orderly progress of my country’s capital market opening up to the outside world at a high level, there is still a lot of room for growth in foreign capital holdings of Chinese assets in the future. (Economic Information Daily)

Statement: The Securities Times strives to be truthful and accurate. The content mentioned in the article is for reference only and does not constitute substantive investment advice. The operation is at your own risk accordingly.

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