China’s stock market was hit by the biggest outflow of foreign capital on record in April and May as the trade war with the US and concerns over the stability of the renminbi darkened investors’ view of the country.
A total of about $12bn left the market during April and May, according to data from CEIC and Morgan Stanley, the largest exodus since the launch five years ago of a “ stock connect” programme that provides global investors with access to Chinese shares, via Hong Kong.
Despite the outflow, China still has a net inflow of about $8bn this year thanks to a strong market performance in the first three months of 2019.
您已閱讀21%（629字），剩余79%（2425字）包含更多重要信息，訂閱以繼續(xù)探索完整內(nèi)容，并享受更多專屬服務(wù)。