May 17, 2019 / 3:09 PM / 5 months ago

China-U.S. trade war sparks biggest pullout from China stocks since 2015: IIF

FILE PHOTO: An investor looks at an electronic board showing stock information at a brokerage house in Shanghai, China July 6, 2018. REUTERS/Aly Song/File Photo

LONDON (Reuters) - Trade war fears have prompted investors to pull the most money out of Chinese equities this week since 2015 and the second most since 2010, global capital tracker the Institute of International Finance estimated on Friday.

The IIF said: “This week, we see the largest weekly equity outflows in China since 2015 ($2.76 billion). Last week totalled $2.56 billion in outflows, placing the total for the past two weeks at $5.32 billion.”

It added that the last two weeks had seen $13.65 billion pulled from emerging markets stocks overall.

Reporting by Marc Jones, editing by Karin Strohecker

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