Pick up this story from MarketWatch.com
"...the China Banking Regulatory Commission, in an attempt to cool its overheated stock market, had ruled that Chinese banks "can now invest as much as 50 percent of funds in overseas stock markets."
Where will the money go?
1 comment:
Most money will flow to countries like US & Europe. Some to Singapore, Korea. Likely none to Malaysia due to NEP policy. China dislikes how Malaysia treats its chinese.
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