Funds ditch $11B of China’s blue-chip stocks in 13 days
Fears of economic contagion from housing market are driving investors out of the mainland market.
Global investors have been shedding China’s blue-chip stocks during the longest stretch of outflows on record, showing even the nation’s industry leaders are falling out of favor as a rout deepens.
Foreign investors sold 6.2 billion yuan ($851 million) of Kweichow Moutai Co. from Aug. 7 to Au
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