Overseas Investors Wary of China Markets Despite Buying Opportunities

• Overseas investors set to record smallest-ever annual purchases of Chinese stocks in 2023 ($6.1B so far) • Discouraged by fragile economic recovery, geopolitical tensions, housing slump, lack of stimulus • CSI 300 index down 12% in 2022, one of worst performing major indexes globally • Foreign funds still wary despite some calling it a buying opportunity
• Yuan stability, potential Fed pausing rate hikes, economic policies could attract investors back