Institute of International Finance: $2.6 billion exodus from Chinese stock markets in two days | latest news

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The Institute of International Finance said that Chinese stock markets saw an outflow of $600 million on Tuesday, July 27, after they bled $2 billion yesterday.

“These are very weak numbers compared to the first half of 2021, when average monthly inflows to the markets were $5.8 billion, and this is likely due to the regulatory actions taken by Beijing in the past week,” said Jonathan Forton Vargas, an economist with the Institute of International Finance.

The Hong Kong index and shares of companies based on the mainland continued China The company’s headquarters posted sharp losses to close at multi-month lows on Tuesday, July 27, after investors worried about the impact of tougher government regulations in the wake of Beijing’s crackdown on the technology and education sectors.





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