Home Business Markets Will lower Chinese investment hit Australia’s stockmarket?

Will lower Chinese investment hit Australia’s stockmarket?

New figures from KPMG sound the alarm.

Senior Digital Journalist, Your Money

Chinese investment in Australia has fallen to its second-lowest level since the 2008 global financial crisis, down more than 36 per cent in 2018.

A new report by KMPG found that while Chinese investors still view Australia as an attractive place to invest, they’re finding it harder to get capital out of China.

While those falling numbers are likely to have an impact on our property market, analysts expect it will also rattle some of Australia’s major listed companies.

Scott Phillips of the Motley Fool joined Your Money Live to discuss which companies are likely to feel the brunt of falling Chinese investment and which he thinks are worth holding on to.

Watch the video above for more.

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