Greek and Chinese Debacles Create Lockdown Fears For Hedge Funds

(Yahoo Finance) The Greek market has been shut down since June 29. As for China, 1,300 stocks announced halts in trading last week. This made investors lose access to assets in the stock market that are valued at an estimated $2.4 trillion in value.
The Greek market is tiny compared to China’s. Research firm eVestment estimated that only $1.7 billion has been invested by institutional investors in Greek stocks. On the contrary, the massive size of the Chinese market could cause liquidity issues for funds that have an exposure to Chinese equities. As of June 29, foreign participation in the mainland China stock market was estimated to be $139 billion.

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