Foreigners Turn Sellers of Chinese Shares in July on COVID Worries


Source: usnews.com usnews.com

Key Topics in this News Article:

News Snapshot:

FILE PHOTO: Investors sit in front of a board showing stock information at a brokerage house on the first day of trade in China since the Lunar New Year, in Hangzhou, Zhejiang province, China February 3, 2020. China Daily via REUTERS Reuters By Patturaja Murugaboopathy and Gaurav Dogra (Reuters) - Overseas investors turned net sellers of Chinese stocks in July, as mainland stock prices tumbled on concerns that COVID-19 flare-ups and ensuing lockdowns would further disrupt economic activity. Refinitiv data showed foreigners sold a net 21.07 billion yuan ($3.12 billion) worth of mainland shares in July via Stock Connect, a...