TABLE-China stock investors seek haven in bond, money market funds

January 13, 2016 4:25 AM

32 0

SHANGHAI, Jan 13 China's recent stock market rout has further damped risk appetite of mainland investors, who have been seeking safe haven in bond and money market funds, and stepping up overseas investment amid yuan depreciation fears, latest data shows.

Over the past week, outstanding margin loans slumped 7 percent as investors unwound 78.1 billion yuan ($11.87 billion) worth of leveraged bets, according to data from state-margin lender China Securities Finance Corp. Latest monthly fund data shows investors are shifting money out of stocks into mon...

Read more

To category page