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Exante Data reports that global investors have pulled $3.17 billion in net outflows from Chinese stocks over the Stock Connect link for cross-border trading over the past five days. This is the longest outflow since November.
Exodus of foreign companies is a result of a Chinese campaign launched by authorities to punish them, months after Beijing
Delivering an open-for business message
Global investors are interested in global investments.
Early in 2023, investors flooded into China hoping to take advantage of the reopening of trade after the second-largest economy in the world lifted Covid restrictions.