Mainland Banks Plunge on Goldman Sachs Downgrade
Mainland Banks Plummet on Hong Kong Stock Market Shanghai/Hong Kong – In a significant development, mainland banks experienced a sharp decline in the Hong Kong stock market on Thursday. The cause for concern was sparked by Goldman Sachs’ decision to downgrade its investment positions regarding Agricultural Bank of China and several others. On the 5th […]
Fund allocation to stocks, lowest level in 5 months = BofA survey | Reuters
Global fund managers’ allocations to equities fell to five months, according to a Bank of America (BofA) survey released on Monday. Picture taken in March 2022 (2023 REUTERS/Brendan McDermid) LONDON (Reuters) – Global fund managers’ allocations to equities fell to a five-month low, according to a Bank of America (BofA) survey released on Monday. The […]
Hedge funds move from European stocks to Japanese and US stocks = major US financial firms | Reuters
Hedge funds shifted their investments from European stocks to US and Japanese stocks last week, according to memos to clients from JPMorgan Chase & Co., Morgan Stanley and Goldman Sachs & Co. REUTERS/Andrew Kelly/Reuters LONDON (Reuters) – Hedge funds shifted their investments from European stocks to U.S. and Japanese stocks last week, according to a […]
