*The China market is pretty limited in reach; not many foreigners and not even m... | Hacker News

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		Bill_Dimm on July 27, 2015 \| parent \| context \| favorite \| on: China stocks drop over 8% The China market is pretty limited in reach; not many foreigners and not even many institutional investors How much money do Chinese investors have invested outside of China? If they bought Chinese shares on margin, they may end up selling assets globally to cover.

seanmcdirmid on July 27, 2015 | [–]

It is really hard to convert RMB, so that is probably not a big problem. The RMB's non-convertibility helps a bit in that regard.

kyllo on July 27, 2015 | [–]

They own a lot of homes in the US and Canada but they usually pay cash.

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