Foreigners Splash Out Record $2.5 Billion on China Stocks
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Foreigners didn’t wait long to set a new record for China stock buying.
Overseas investors heartened by optimism China and the U.S. can overcome their trade dispute bought 17.4 billion yuan ($2.5 billion) of China stocks via trading links with Hong Kong on Friday. That was more than double the record set a day earlier and erased all of October’s net selling, according to data compiled by Bloomberg.