China to Stop Publishing Daily Global Stock Flows in Mid-August
- Decision to halt daily data was first flagged back in April
- Decision is seen as attempt to boost local investor confidence
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China took another step to obscure information about overseas funds going into and out of its sagging stock market, saying it will stop publishing daily flows data in the middle of August.
The decision, which was hinted at in April and made explicit by the country’s stock exchanges on Friday, follows a move in May to end data on intraday flows through trading links with Hong Kong. Investors will lose the ability to calculate net flows at the end of each trading day from Aug. 18.