Starting Monday, China’s stock exchanges ceased providing daily data on overseas fund flows to curb market volatility and focus on long-term indicators. The CSI 300 Index faced significant declines this year due to disappointing earnings and insufficient policy support. This decision highlights continued foreign fund withdrawals and a bleak outlook for economic recovery.
True North, Krishnan Ramachandran sell 10% stake in Niva Bupa Health for Rs 1,507 crore
Private equity firm True North and Niva Bupa Health Insurance chief Krishnan Ramachandran divested a combined 10 per cent stake in the health insurer for