Investors pull cash from US-based China region equity funds for 8th straight week

//Investors pull cash from US-based China region equity funds for 8th straight week

Investors pull cash from US-based China region equity funds for 8th straight week

Investors have extended their purge of US-based China region equity funds, pulling cash from the sector for the eighth consecutive week – marking the longest negative streak since mid-2016 and overlapping with the deterioration of trade talks between Washington and Beijing, according to new data.For the week ending June 19, a net US$218.6 million was withdrawn from China region funds sold to US investors, data provider Lipper, a Refinitiv company, reported late on Thursday.Since April 1,…

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By | 2019-06-21T19:57:09+00:00 June 21st, 2019|Business|Comments Off on Investors pull cash from US-based China region equity funds for 8th straight week