A-Share Sentiment Drops after CEWC
-·2024-12-23 01:54
Exhibit 4: New investors (scaled to 0-100% based on the percentage away from its high and low levels since January 2014) vs. CSI 300 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Mar-14Sep-14Mar-15Sep-15Mar-16Sep-16Mar-17Sep-17Mar-18Sep-18Mar-19Sep-19Mar-20Sep-20Mar-21Sep-21Mar-22Sep-22Mar-23Sep-23Mar-24Sep-24Mar-25 New Investors Registered CSI300 (RHS) 1500 2000 2500 3000 3500 4000 4500 5000 5500 6000 6500 Source: CEIC, Bloomberg, Morgan Stanley Research. Data as of Dec 18, 2024. Latest new investors registe ...