Aoyjai
2021-12-10
Blame everyone and everything will not make it good for you. Do something to attract what you want.
Tesla and Bitcoin to Blame for Exodus From Vietnam’s Stocks
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Do something to attract what you want.","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/605912330","repostId":2190649092,"repostType":4,"repost":{"id":"2190649092","pubTimestamp":1639100220,"share":"https://www.laohu8.com/m/news/2190649092?lang=&edition=full","pubTime":"2021-12-10 09:37","market":"us","language":"en","title":"Tesla and Bitcoin to Blame for Exodus From Vietnam’s Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=2190649092","media":"Bloomberg","summary":"(Bloomberg) -- Foreign investors have been dumping Vietnam stocks all year, despite a surge to recor","content":"<p>(Bloomberg) -- Foreign investors have been dumping Vietnam stocks all year, despite a surge to record highs. Competition from popular retail stocks like Tesla Inc. and cryptocurrencies looks like part of the reason why.</p>\n<p>Korean retail investors -- who made up 16% of net foreign inflows between 2017 and 2019 -- are among those selling out, offloading a net $166 million worth of shares so far this year, according to data from the Korea Securities Depository. Their appetite for risk has shifted from emerging markets to the U.S., thanks to the strong returns in speculative assets there, analysts say.</p>\n<p>“Bitcoin and U.S. stocks, especially tech growth stocks, showed big swings,” said Lee Soyeon, a market strategist at Korea Investment & Securities Co. “So investors were attracted to them, rather than Vietnam. Stock transactions are a little complicated and returns have lagged.”</p>\n<p>Overseas investors have posted outflows in all but <a href=\"https://laohu8.com/S/AONE.U\">one</a> month this year, despite the benchmark VN Index’s 33% gain making it the top performer in Southeast Asia. In total, they have sold a record $2.7 billion worth of shares in 2021, according to data compiled by Bloomberg.</p>\n<p>“A lot of the foreign selling is simply profit taking,” said Stephen McKeever, head of the institutional client division at Ho Chi Minh City Securities Corp. “The market has performed strongly and some investors have cashed out,” with Korean retail investors switching their attention to U.S. tech stocks such as Tesla, he added.</p>\n<p>Still, Vietnam watchers including BNP Paribas Asset Management’s Jessica Tea and SSI Securities Corp.’s Quynh Cao see positive long-term fundamentals in the country’s stock market and suspect foreign investors will come back. Demographics, Vietnam’s place in the Asian production chain and attractive valuations offer upside to equity investors, they said.</p>\n<p>“We think the net foreign selling we have seen over the last two years is not necessarily reflective of foreign investor sentiment toward Vietnam which remains very positive,” said Ho Chi Minh City Securities’ McKeever. “We call this the sentiment paradox.”</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla and Bitcoin to Blame for Exodus From Vietnam’s Stocks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla and Bitcoin to Blame for Exodus From Vietnam’s Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-10 09:37 GMT+8 <a href=https://finance.yahoo.com/news/tesla-bitcoin-blame-exodus-vietnam-223000665.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Foreign investors have been dumping Vietnam stocks all year, despite a surge to record highs. Competition from popular retail stocks like Tesla Inc. and cryptocurrencies looks like part...</p>\n\n<a href=\"https://finance.yahoo.com/news/tesla-bitcoin-blame-exodus-vietnam-223000665.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","BK4527":"明星科技股","BK4534":"瑞士信贷持仓","BK4555":"新能源车","BK4550":"红杉资本持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4099":"汽车制造商","BK4551":"寇图资本持仓","BK4548":"巴美列捷福持仓"},"source_url":"https://finance.yahoo.com/news/tesla-bitcoin-blame-exodus-vietnam-223000665.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2190649092","content_text":"(Bloomberg) -- Foreign investors have been dumping Vietnam stocks all year, despite a surge to record highs. Competition from popular retail stocks like Tesla Inc. and cryptocurrencies looks like part of the reason why.\nKorean retail investors -- who made up 16% of net foreign inflows between 2017 and 2019 -- are among those selling out, offloading a net $166 million worth of shares so far this year, according to data from the Korea Securities Depository. Their appetite for risk has shifted from emerging markets to the U.S., thanks to the strong returns in speculative assets there, analysts say.\n“Bitcoin and U.S. stocks, especially tech growth stocks, showed big swings,” said Lee Soyeon, a market strategist at Korea Investment & Securities Co. “So investors were attracted to them, rather than Vietnam. Stock transactions are a little complicated and returns have lagged.”\nOverseas investors have posted outflows in all but one month this year, despite the benchmark VN Index’s 33% gain making it the top performer in Southeast Asia. In total, they have sold a record $2.7 billion worth of shares in 2021, according to data compiled by Bloomberg.\n“A lot of the foreign selling is simply profit taking,” said Stephen McKeever, head of the institutional client division at Ho Chi Minh City Securities Corp. “The market has performed strongly and some investors have cashed out,” with Korean retail investors switching their attention to U.S. tech stocks such as Tesla, he added.\nStill, Vietnam watchers including BNP Paribas Asset Management’s Jessica Tea and SSI Securities Corp.’s Quynh Cao see positive long-term fundamentals in the country’s stock market and suspect foreign investors will come back. Demographics, Vietnam’s place in the Asian production chain and attractive valuations offer upside to equity investors, they said.\n“We think the net foreign selling we have seen over the last two years is not necessarily reflective of foreign investor sentiment toward Vietnam which remains very positive,” said Ho Chi Minh City Securities’ McKeever. “We call this the sentiment paradox.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":1889,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":82,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/605912330"}
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