Foreign Investors Flee Chinese Shares, Long-Delayed Data Shows

The amount of Chinese shares owned by foreign investors fell in 2023 for a second straight year as the market slump cut the value of shareholdings and investors left for higher returns elsewhere.

Foreign entities owned 2.8 trillion yuan ($390 billion) of onshore Chinese equities at the end of last year, according to data released Wednesday by the People’s Bank of China. That was down 13% from 12 months earlier, and marked a drop of almost 30% from the peak at the end of 2021. The value of bonds held by overseas entities rose almost 8% last year, the data ...