💸 China Sees Record Capital Outflow in July

Mainland investors moved $58.3B overseas last month — the biggest monthly outflow since 2010.

📈 Why?

Beijing expanded Stock Connect with Hong Kong

Loosened rules for overseas portfolio investing

Result: Mainland buyers flooded into Hong Kong stocks

Even though banks had a $22.8B FX surplus, the massive buying spree tipped the balance into deficit.

Economists warn:

Outbound demand could weaken the yuan

Makes it harder to manage liquidity + market reforms

#ChinaFinance #CapitalOutflow #StockConnect #HongKongStocks #YuanWatch #