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China's patchy economic growth and a renewed slump in home sales have redoubled investors' resolve to steer clear of the country's markets, sending shares tumbling as foreigners quit in the absence of fresh policy support. Gross domestic product growth was 5.2% for 2023, hitting Beijing's target and market expectations. Foreigners have already sold a net 12.4 billion yuan ($1.7 billion) of Chinese shares this year via the trading link with Hong Kong and more followed on Wednesday with China's blue-chip index down more than 2% to a five-year low.

United statesHong kongToru nishihamaKim coghillTom westbrookKen pengSid mathurTetsushi kajimotoVidya ranganathanDai ichi life research instituteHang sengCiti global wealthFiscal stimulusPolicy response