The Kobeissi Letter (@KobeissiLetter) “China is seeing massive capital outflows: An estimated $1 trillion in capital fl” — TopicDigg

China is seeing massive capital outflows: An estimated $1 trillion in capital flowed out of China in 2025, the largest annual outflow since records began in 2006. Capital outflows have more than DOUBLED since 2021. This comes as Chinese investors have moved funds into overseas equities through offshore brokers, particularly into the US and Hong Kong markets. In response, China imposed restrictions on cross-border stock trading on May 22nd, ordering all illegal accounts to be liquidated within 2 years. Furthermore, the country fined three offshore online brokers, Hong Kong-based Futu, Singapore-based Tiger Brokers and Longbridge Securities, a combined $330 million for offering Chinese investors access to foreign stock markets without regulatory approval. China is tightening capital controls as outflows intensify.