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Foreigners scoop up shares in China with Jan inflow at record

  Bloomberg Foreigners are returning to China’s stock market with a vengeance, snapping up more shares in January alone than they did for the whole of 2022. Offshore funds have added a net 141.2 billion yuan ($20.9 billion) worth of stocks listed in Shanghai and Shenzhen through trading links with Hong Kong this month, even with a week-long holiday trading ...

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European stocks trim best start of year since 2015 ahead of ECB

Bloomberg European stocks declined on Tuesday, trimming one of the best starts of the year ever, as investors brace for expected interest rate hikes from central banks in the coming days, while also digesting earnings from large lenders. The Stoxx Europe 600 Index was down 0.2% by 9:14 am. Real estate and financial services retreated, while banks outperformed. In a ...

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Adani share sale subscriptions advance

Bloomberg Gautam Adani inched closer to completing his flagship company’s $2.5 billion share sale, a feat that could offer Asia’s richest man some reprieve after his empire was rocked by allegations of fraud by short seller Hindenburg Research. Investors had placed orders for about 85% of the total shares on sale in the follow-on offering by Adani Enterprises Ltd. as ...

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