Chinese Stocks Suffer On Tuesday Worst Crash In History As Foreigners Flee With Their Investments

 

Bloomberg: Foreigners Flee China Stocks at Record Pace as Panic Spreads 

(Bloomberg) -- Foreign investors are on track to turn sellers of Chinese equities for the first time ever for the year, as concerns about a lack of supportive policies from the Party congress and a renewed Covid Zero push spook markets. 

Overseas investors sold a record net 17.9 billion yuan ($2.5 billion) of mainland shares via trading links with Hong Kong on Monday, according to Bloomberg data, tipping the year-to-date level into a small net outflow. 

If that holds through year end, it would be the first annual decline since the stock connect program was launched in 2014.  

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WNU Editor: This stock sell-off coupled with foreign companies leaving China is telling me one thing. Globalization

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