# China Stock Rout Spreads Amid Fears of Foreign Investor Exodus - Bloomberg

> Chinese stocks sold off as fears spread that foreign investors would exit, fueled by speculation that the U.S. might restrict investment in China and Hong Kong. The Hang Seng Tech index fell as much as 10%, and the yuan slid to its weakest level since April against the dollar.

- Date: 2021-07-27 · published 2021-07-27T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/46290-china-stock-rout-spreads-amid-fears-of-foreign-investor-exodus-bloomberg
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

Capital outflow fears and a weaker yuan raise the cost of dollar-priced imports and can reduce Chinese demand for feed. The impact on grain prices is secondary to the financial market stress.

## Read by commodity

- USDCNY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2021-06-15 | [China approves highest-ever outflows for mainland investors](https://feedsoft.ai/events/7117-china-approves-highest-ever-outflows-for-mainland-investors.md) | +1.1% | +1.1% |
| USDCNY | 2023-06-19 | [China’s yuan eases as investors wait for stimulus details, outcome of Blinken visit - Markets - Business Recorder](https://feedsoft.ai/events/11232-china-s-yuan-eases-as-investors-wait-for-stimulus-details-outcome-of-blinken.md) | +1.6% | +0.8% |
| USDCNY | 2023-11-17 | [Foreign direct investment is exiting China, new data show \| PIIE](https://feedsoft.ai/events/12026-foreign-direct-investment-is-exiting-china-new-data-show-piie.md) | -1.3% | -1.7% |
| USDCNY | 2016-11-16 | [China’s Yuan Tumbles to Eight-Year Low as Banks Weaken Forecasts - Bloomberg](https://feedsoft.ai/events/7741-china-s-yuan-tumbles-to-eight-year-low-as-banks-weaken-forecasts-bloomberg.md) | +0.5% | +0.7% |
| USDCNY | 2020-10-10 | [Forex (Foreign Exchange) News: PBOC Lowers Risk Reserves Ratio for FX Forwards - Bloomberg](https://feedsoft.ai/events/5556-forex-foreign-exchange-news-pboc-lowers-risk-reserves-ratio-for-fx-forwards.md) | -0.2% | -1.0% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2021-07-27/china-s-crackdown-stocks-extend-declines-into-a-third-day

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.