Investors Shun China Large-Caps as Growth Concern Mounts: Chart

Fleeing Fast: Investors Shun China Large-Cap Stocks

U.S. investors are bailing out of China’s biggest companies at the fastest pace in more than three years as the nation’s economic outlook worsens and the yuan trades around a five-year low against the dollar. The iShares China Large-Cap ETF, which owns the 50 largest companies by market value, posted a net outflow of $832.8 million last month, the most since March 2013, according to data compiled by Bloomberg. Short interest in the fund is near the highest level in two years amid concern growth is faltering.

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