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Foreigners Pulled $8.8 Billion From China’s Markets Last Month

  • Outflows were much larger than in September, IIF estimates
  • Overseas investors aren’t yet returning to China in November

Foreign investors pulled $8.8 billion from Chinese financial markets last month as stocks slumped, according to estimates from the Institute of International Finance.

Outflows from China’s equity market reached $7.6 billion while $1.2 billion was removed from bond markets, the estimates show. That was more than in September, when a combined $2.1 billion of foreign portfolio investment left.