Global funds dumped another $3b in China stocks in Oct: Morgan Stanley

Global funds dumped another $3b in China stocks in Oct: Morgan Stanley

FILE PHOTO: An electronic board shows Shanghai and Shenzhen stock indices at the Lujiazui financial district in Shanghai, China, March 17, 2023. REUTERS/Aly Song/File photo

Global fund managers sold China equities sharply in October despite further steps from authorities aimed at boosting the world’s second-largest economy, according to a report from Morgan Stanley that cited data from fund flow tracker EPFR.

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