Chinese investors react to global uncertainties

Stock markets around the world fell on Wednesday after White House economic adviser Larry Kudlow said in an interview on Fox Business Network that the Donald Trump administration had not softened its stance on China.

Added to the ongoing concerns about disruption to global supply chains resulting from the US administration's attack on China's plan to upgrade its manufacturing, along with expectations the Federal Reserve will continue to raise interest rates, it is natural that nervous investors are seeking safer places to put their money.

Chinese investors have proved to be no exception and the benchmark Shanghai Composite Index was down 0.93 percent and the Shenzhen Component Index down 1.06 percent at close of business on Thursday. And Chinese equities are now down 20 percent on the year's high in January.