The Shanghai Stock Exchange. Global investors are still keeping their distance from the Chinese market, selling a net 80.1 billion yuan ($10.97 billion) of Chinese A-shares between July and September, despite improving economic data.
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ECHO WONG, Nikkei staff writer |
HONG KONG — Global investors remain skittish about Chinese stocks despite signs of economic improvement as concerns about government policies and the distressed property market dampen sentiment, analysts say.
Foreign investors sold a net 80.1 billion yuan ($10.97 billion) of Chinese A-shares from July to September, and the Hang Seng Index is still below the January high reached after the relaxation of COVID-19 restrictions.
