Foreign investors pulled cash from emerging Asia last week, most notably from China funds even as the market continued to rally.
Data from fund tracker EPFR indicates that foreign investors withdrew $2.1bn from emerging Asia funds in the week ending December 3, marking a second week of outflows.
China equity funds alone saw an outflow of $2.249bn - the most in three years of data, according to charts compiled by ANZ (see below).
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