#DrMirkoWormuth, After 23 Years In China, Now Back In Germany | Entrepreneur | Fund Manager: "📉 - [HK] Hang Seng China Enterprises Index Down 11% In 2024, 🇨🇳 - CSI 300 Index Dropped In Nine Of The Last 10 Weeks Despite State Intervention."

Dr. Mirko Wormuth: "📉 - Hang Seng China Enterprises Index down 11% in 2024, continuing a four-year losing streak.

💹 - Total loss of $6.3 trillion in market value for Chinese and Hong Kong stocks since 2021 peak.

📊 - HSCEI gauge plunged over 6% this week, worst January performance in eight years.

🇨🇳 - CSI 300 Index dropped in nine of the last 10 weeks despite state intervention.

🌏 - Asian fund managers reduced China allocations by 12 percentage points to a 20% underweight.

🔁 - Benchmark-tracking funds sold a net $300 million in Chinese and Hong Kong shares this month.

📈 - MSCI China Index at historic low valuation compared to S&P 500."

#DrMirkoWormuth, After 23 Years In China, Now Back In Germany | Entrepreneur | Fund Manager: "📉 - [HK] Hang Seng China Enterprises Index Down 11% In 2024, 🇨🇳 - CSI 300 Index Dropped In Nine Of The Last 10 Weeks Despite State Intervention."

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