BEIJING: Daily outflows of overseas funds from Chinese stocks are on course to tie a record streak amid worsening sentiment on the nation’s economy and the government’s efforts to get it back on track.
Foreign investors have sold over 1 billion yuan ($137 million) worth of equities listed in Shanghai and Shenzhen via the trading link as of the midday break Thursday, headed for a ninth-straight day of outflows. That would tie the longest stretch of net selling since just after Bloomberg began tracking the data in December 2016.
