The Great Wall (Of Indifference)

Financial Times LogoFinancial Times2 mo ago

The Great Wall (Of Indifference) - Financial Times

Quick Summary:

Best-known and well-beloved among international funds, Tencent shed three quarters of its market capitalisation between January 2021 and October 2022.

This is better represented by say, the Nasdaq-listed China iShares MSCI ETF which touched $98 in February 2021 before starting a vertiginous decline to a low of $35 this autumn (before rebounding to $47 at pixel time).

The upheaval in President Xi’s priorities from reform and opening, the Chinese variant of perestroika and glasnost (a worrying analogy) towards what’s known as “common prosperity” has been cataclysmic.

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Article Details

Author / Journalist: Julian Rimmer

Category: MarketsFinanceInvesting



Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-12-01 @ 11:01:15 (2 months ago)

News Timezone: GMT -5:00

Ranking: #114 (out of 6463 stories this day)

News Source URL:

Language: English

Article Length: 860 words

Reading Time: 5 minutes read

Sentences: 46 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 2078486

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About Financial Times

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Main Topics: MarketsFinanceInvesting

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Update Frequency: 7 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 14 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

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News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

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