November 24, 2023Thomson Reuters

China stocks fall on foreign outflows, weak sentiment

China stocks fell on Friday as investors remained cautious about the country's sluggish economic recovery, with strong foreign outflows denting risk sentiment

Source: Pexels

Blue-chip CSI 300 Index and the Shanghai Composite Index were both down 0.5% by the midday recess

Source: Pexels

Hong Kong's Hang Seng Index lost 1.4%, and the Hang Seng China Enterprises Index declined 1.6%

Source: Pexels

Foreign investors sold a net 7.2 billion yuan of Chinese shares via the Stock Connect so far on the day, on course to log the biggest daily outflow in more than one month

Source: Pexels