A Trade Deal ‘Born to Die’: China Outflows Highest in Four Years
- Traders pull $6.2 billion from country’s stocks, says Goldman
- Wall Street strategists tout hedges amid Sino-U.S. tensions
Photographer: Qilai Shen/Bloomberg
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Traders have fled China-focused equity funds at the fastest pace in at least four years on the heels of renewed Sino-American tensions.
As Wall Street weighed the latest dramas between the world’s two largest economies last week, investors pulled $330 million from BlackRock Inc.’s iShares China Large-Cap fund, the most since 2016, data compiled by Bloomberg show.