
China Restricts Trade Data on Overseas Fund Flows
Published on August 21, 2024
Beijing has restricted the release of daily data on overseas funds flowing into China as foreign investments continue to flee the country. Starting on Aug. 19, the Shanghai and Shenzhen stock exchanges stopped releasing real-time data on foreign funds buying Chinese stocks, which is a key indicator for investors. Instead, information on financial assets held by overseas entities will be released quarterly by China’s central bank. According to the new data release regulation issued by China’s ruling Communist Party (CCP), the total transaction amount and number of transactions will only be announced after the market closes on each trading day....
