MODEL PORTFOLIO
THE GIST
NEWS AND FEATURES
Global Philippines Fine Living
INSIGHTS
INVESTMENT STRATEGY
Economy Stocks Bonds Currencies
THE BASICS
Investment Tips Explainers Retirement
WEBINARS
2024 Mid-Year Economi Briefing, economic growth in the Philippines
2024 Mid-Year Economic Briefing: Navigating the Easing Cycle
June 21, 2024
Investing with Love
Investing with Love: A Mother’s Guide to Putting Money to Work
May 15, 2024
retirement-ss-3
Investor Series: An Introduction to Estate Planning
September 1, 2023
View All Webinars
DOWNLOADS
investment-ss-3
Reports
Policy rate views: Fed expected to do baby steps
DOWNLOAD
economy-ss-9
Economic Updates
Inflation Update: Faster but full-year average within target
DOWNLOAD
948 x 535 px AdobeStock_433552847
Reports
Monthly Economic Update: Waiting on Jay Powell
DOWNLOAD
View all Reports
Metrobank.com.ph How To Sign Up
Follow us on our platforms.

How may we help you?

TOP SEARCHES
  • Where to put my investments
  • Reports about the pandemic and economy
  • Metrobank
  • Webinars
  • Economy
TRENDING ARTICLES
  • Investing for Beginners: Following your PATH
  • On government debt thresholds: How much is too much?
  • Philippines Stock Market Outlook for 2022
  • Deficit spending remains unabated

Login

Access Exclusive Content
Login to Wealth Manager
Visit us at metrobank.com.ph How To Sign Up
Access Exclusive Content Login to Wealth Manager
Search
MODEL PORTFOLIO THE GIST
NEWS AND FEATURES
Global Philippines Fine Living
INSIGHTS
INVESTMENT STRATEGY
Economy Stocks Bonds Currencies
THE BASICS
Investment Tips Explainers Retirement
WEBINARS
2024 Mid-Year Economi Briefing, economic growth in the Philippines
2024 Mid-Year Economic Briefing: Navigating the Easing Cycle
June 21, 2024
Investing with Love
Investing with Love: A Mother’s Guide to Putting Money to Work
May 15, 2024
retirement-ss-3
Investor Series: An Introduction to Estate Planning
September 1, 2023
View All Webinars
DOWNLOADS
investment-ss-3
Reports
Policy rate views: Fed expected to do baby steps
September 18, 2025 DOWNLOAD
economy-ss-9
Economic Updates
Inflation Update: Faster but full-year average within target
September 5, 2025 DOWNLOAD
948 x 535 px AdobeStock_433552847
Reports
Monthly Economic Update: Waiting on Jay Powell
September 2, 2025 DOWNLOAD
View all Reports
Equities 2 MIN READ

China stocks fall on foreign outflow concerns, geopolitical risks

September 23, 2022By Reuters
Related Articles
US equity funds register biggest weekly outflow in over five weeks December 2, 2022 Investor optimism sees biggest jump since June 2020, survey shows October 16, 2024 Gold steady as investors brace for Fed minutes, inflation data October 12, 2022

SHANGHAI, Sept 23 (Reuters) – China stocks extended losses on Friday, weighed down by foreign fund outflow concerns on overseas rate hikes, COVID-19 woes, and elevated geopolitical tensions, while Hong Kong shares fell towards an 11-year low.

** The blue-chip CSI 300 Index closed down 0.3%, while the Shanghai Composite Index lost 0.7%. Both indexes were down for a third straight session.

** The Hang Seng Index ended lower 1.2% and the Hang Seng China Enterprises Index was down 1.3%.

** For the week, the CSI 300 fell 1.9%, while the Hang Seng Index plunged 4.4% and logged its worst weekly performance in 10 weeks.

** MSCI’s index of Asia shares outside Japan fell 1.6% to its lowest since mid-2020, as the prospect of US interest rates rising further and faster than expected rattled investors.

** “A-share sentiment set a new YTD (year-to-date) low as trading volume declined further and the earnings revision trend continued to worsen,” Morgan Stanley said in a note.

** “Investor sentiment deterioration is driven largely by ongoing COVID outbreaks, rising geopolitical uncertainties and relatively quiet policy direction ahead of the Party Congress.”

** Semiconductor stocks tumbled 2.7% to lead the declines, while shares of consumer discretionary companies, energy suppliers and automobile makers retreated more than 1.5% each.

** Overshadowed by US President Joe Biden’s headline-grabbing vow that American forces would defend Taiwan against a Chinese attack was his hint at possibly shifting US policy to support the island’s right to self-determination.

** Hong Kong said it will scrap its controversial COVID-19 hotel quarantine policy for all arrivals from Sept. 26, in a long-awaited move for many residents and businesses in the financial hub. nL1N30U0D6

** Beijing has sent a team of regulatory officials to Hong Kong to assist the US audit watchdog with onsite audit inspections involving Chinese companies, sources said, as part of a landmark deal between the two countries.

** Tech giants listed in Hong Kong fell more than 2%, with heavyweights Alibaba, Tencent and Meituan shedding between 2.8% and 3%, to become the biggest drags on the Hang Seng benchmark.

(Reporting by Shanghai Newsroom; Editing by Subhranshu Sahu and Uttaresh.V)

 

This article originally appeared on reuters.com

Read More Articles About:
Worldwide News Philippine News Rates & Bonds Equities Economy Investment Tips Fine Living

You are leaving Metrobank Wealth Insights

Please be aware that the external site policies may differ from our website Terms And Conditions and Privacy Policy. The next site will be opened in a new browser window or tab.

Cancel Proceed
Get in Touch

For inquiries, please call our Metrobank Contact Center at (02) 88-700-700 (domestic toll-free 1-800-1888-5775) or send an e-mail to customercare@metrobank.com.ph

Metrobank is regulated by the Bangko Sentral ng Pilipinas
Website: https://www.bsp.gov.ph

Quick Links
The Gist Webinars Wealth Manager Explainers
Markets
Currencies Rates & Bonds Equities Economy
Wealth
Investment Tips Fine Living Retirement
Portfolio Picks
Bonds Stocks
Others
Contact Us Privacy Statement Terms of Use
© 2025 Metrobank. All rights reserved.

Access this content:

If you are an existing investor, log in first to your Metrobank Wealth Manager account. ​

If you wish to start your wealth journey with us, click the “How To Sign Up” button. ​

Login HOW TO SIGN UP