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The Daily Hodl 2023-10-24 19:55:06

China Sees Biggest Capital Flight in Seven Years As $5,100,000,000 Exits Struggling Stock Market: Report

Banking giant Goldman Sachs says that China is weathering the biggest capital flight since 2016 amid struggling equities markets. In a report seen by the South China Morning Post (SCMP), Goldman says foreign investors sold off a net total of $3.3 billion in domestic Chinese stocks, bringing the total outflows for October to $5.1 billion. The post China Sees Biggest Capital Flight in Seven Years As $5,100,000,000 Exits Struggling Stock Market: Report appeared first on The Daily Hodl .

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