Investors still fleeing China amid rocky recovery

News Snapshot:

Asian stocks snapped a three-day winning streak on Tuesday. The blue-chip CSI 300 Index was down 0.7 per cent and the Shanghai Composite Index dropped 0.4 per cent, as Hong Kong’s Hang Seng Index dipped 1.5 per cent. The middling trade data arrives as China’s stuttering recovery from COVID-19 continues to send investors fleeing the region. China bears Fund flows data compiled by Morgan Stanley showed another $US1.9 billion had been pulled from Chinese equities in the week to November 7. The broker noted that active, long-only US and European funds had continued to pull money from the region, in...