China to switch from real-time to daily foreign stock flows data, aligning with international practices and limiting data impact on market sentiment.
China plans to stop displaying real-time foreign stock flows data, switching to daily figures and top 10 most-traded stocks via the northbound channel. This move aligns with international practices and aims to limit data impact on market sentiment. Shanghai and Shenzhen stock exchanges will provide daily turnover details to avoid volatility and promote healthy long-term market development. The decision has boosted market confidence, with the benchmark CSI 300 Index rising over 5% since the announcement.
May 12, 2024
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