China and Hong Kong stocks lost almost $5 trillion in 3 years– more than India’s market cap
MUMBAI, MAHARASHTRA, INDIA - 2024/02/01: A circular metal symbol with words 'This indication shows purchasing of shares' is seen near the pavement of a street near Bombay Stock Exchange (BSE) in Mumbai.Sopa Images|Lightrocket|Getty ImagesStocks in China and Hong Kong sold an enormous $4.8 trillion in market capitalization considering that 2021, which according to HSBC, is more than the worth of the Indian stock exchange.The fact does not bode well for either China or Hong Kong, particularly when the National Stock Exchange of India has actually just grown throughout the exact same duration.The NSE surpassed Hong Kong Stock Exchanges and Clearing to end up being the 4th biggest worldwide in January, according to information from the World Federation of Exchanges, and all the noted stocks de...