China to switch off real-time info on foreign flows in stocks today, avert poor sentiment

The Shanghai and Shenzhen exchanges plan to cease displaying real-time figures on purchases or sales of local stocks through trading links with Hong KongThe two bourses will provide the turnover details on a daily basis, along with the 10 most-traded stocks via the northbound channelThe policy move is aimed at supporting confidence by removing a potential source of negative data. Chinese authorities said this aligned with international practices.This comes as no surprise, it was announced as being in the works in mid-April. News of the move coming hit on April 15 and it does not seem to have done Chinese stocks any harm. This article was written by Eamonn Sheridan at www.forexlive.com.

May 13, 2024 - 04:45
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China to switch off real-time info on foreign flows in stocks today, avert poor sentiment

The Shanghai and Shenzhen exchanges plan to cease displaying real-time figures on purchases or sales of local stocks through trading links with Hong Kong

  • The two bourses will provide the turnover details on a daily basis, along with the 10 most-traded stocks via the northbound channel
  • The policy move is aimed at supporting confidence by removing a potential source of negative data.
  • Chinese authorities said this aligned with international practices.

This comes as no surprise, it was announced as being in the works in mid-April.

News of the move coming hit on April 15 and it does not seem to have done Chinese stocks any harm. This article was written by Eamonn Sheridan at www.forexlive.com.

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