(Bloomberg) — China’s traders, company insiders and foreign investors are all fleeing the country’s stock market.Sentiment is quickly souring amid the biggest threat to Beijing’s diplomatic ties with Washington in years. Overseas traders sold more than $2.3 billion worth of Chinese stocks through exchange links with Hong Kong on Friday, one of the largest amounts on record. Some of China’s tech shareholders are getting out as soon as they can.The CSI 300 Index fell as much as 5%, while the ChiNext Index fell 6.6%. Losses accelerated in the afternoon after the Chinese foreign ministry said it ordered the U.S. to …read more
Source:: Yahoo Finance
