SHANGHAI/HONG KONG/TOKYO -- Net cash outflows from Chinese-stock mutual funds have hit a two and a half year high as the market shifts from buying to profit-taking, with views divided on new measures announced at China's National People's Congress.
Market split on financial measures announced at National People's Congress
Movements on the Hong Kong Hang Seng Index remained small after China's National People's Congress opened on March 5. © Reuters
SHANGHAI/HONG KONG/TOKYO -- Net cash outflows from Chinese-stock mutual funds have hit a two and a half year high as the market shifts from buying to profit-taking, with views divided on new measures announced at China's National People's Congress.