Investors who have given up on Chinese stocks are now setting their sights on Japanese stocks. The amount of foreign money flowing out of China's stock and bond markets in 2023 is 84.5 billion dollars, or 12.5 trillion yen in Japanese yen.
The Shanghai Stock Exchange's stock index briefly hit the 2,635-point range during trading hours on February 5, the lowest level in about five years since February 2019. The background is the slowdown in the Chinese economy due to the deepening real estate recession.