Foreigners Are Dumping Chinese Stocks Before Tariff Deadline
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Foreign investors in Chinese equities aren’t hanging around to see how the latest round of trade talks plays out.
They’ve net sold an average 4.4 billion yuan ($646 million) of mainland shares a day through trading links with Hong Kong this week, according to data compiled by Bloomberg, on track for the heaviest week of selling since the Shenzhen connect opened in late 2016. The pullout extends a trend from April, which saw net sales of 18 billion yuan, a monthly record.