Chinese stock rout accelerates as foreign investors sell out Financial Times
News Source : Financial Times
News Summary
- Almost Rmb33bn ($4.6bn) of foreign money has already flowed out of China’s stock market this year, according to Financial Times calculations based on data from Hong Kong’s Stock Connect trading scheme..
A punishing selloff for Chinese equities has worsened in recent days, as international investors who bet on a rebound lose faith that economic stimulus from Beijing is on the way.The Hang Seng Chi [+3293 chars]
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