Foreign investors unloaded $9.5 billion of mainland Chinese stocks this month—reflecting a reassessment of geopolitical risk following the financial isolation of Russia
The outflow this month, via Stock Connect, is on pace to be the second-largest monthly drawdown since the program began in 2014
The consequences of harsh economic sanctions against Russia are already being felt across the globe. WSJ’s Greg Ip joins other experts to explain the significance of what has happened so far and how the conflict might transform the global economy. Photo Illustration: Alexander HotzForeign investors have unloaded $9.5 billion of mainland Chinese stocks this month, reflecting a reassessment of geopolitical risk following the financial isolation of Russia.
The outflow as of March 24, via a trading link with Hong Kong known as Stock Connect, is on pace to be the second-largest monthly drawdown since the program began in 2014. The biggest occurred in March 2020 when Covid-19 rattled global markets and offshore investors sold a net $10.6 billion of onshore stocks.
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