Market commentators have been recently opining on Xi Jingping's willingness to allow western investors to profit from Chinese companies. The China crackdown on tech stocks is believed to be partly due to curb western investment in China along with the concern that if Chinese companies get too big they will impinge on the CCPs political power. There is also the concept that wealth needs to be redistributed amongst the broader population rather than be concentrated in the hands of the few. There are rumours that western investors in Evergrande will get nothing, whilst non sophisticated Chinese investors will be bailed out. Of course these may be token acts, but it would be folly to assume that western investors interests will not be harmed in the future by CCP policy, and PAI has been heavily invested in Chinese listed companies.
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Market commentators have been recently opining on Xi Jingping's...
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Last
$1.06 |
Change
0.030(2.91%) |
Mkt cap ! $392.2M |
Open | High | Low | Value | Volume |
$1.04 | $1.07 | $1.03 | $1.997M | 1.899M |
Buyers (Bids)
No. | Vol. | Price($) |
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2 | 56450 | $1.06 |
Sellers (Offers)
Price($) | Vol. | No. |
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$1.07 | 29000 | 1 |
View Market Depth
No. | Vol. | Price($) |
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2 | 56450 | 1.055 |
3 | 41170 | 1.050 |
2 | 17678 | 1.045 |
1 | 15000 | 1.040 |
1 | 15000 | 1.035 |
Price($) | Vol. | No. |
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1.065 | 29000 | 1 |
1.070 | 176566 | 7 |
1.075 | 51578 | 3 |
1.080 | 91412 | 4 |
1.095 | 20000 | 1 |
Last trade - 15.56pm 02/10/2024 (20 minute delay) ? |
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