China Stock Rout Sends Local Funds Scurrying to Safety of Bonds

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(Bloomberg) -- China’s domestic investors are abandoning the nation’s equities for the safety of bonds as concerns mount about the deteriorating economic outlook.Most Read from BloombergChina Weighs Stock Market Rescue Package Backed by $278 BillionApple Dials Back Car’s Self-Driving Features and Delays Launch to 2028An Isolated Israel Doubles Down on War in Gaza — At All CostsNetflix Pays $5 Billion for ‘Raw’ in Bet on Live EventsTurkey Approves Sweden NATO Bid, Leaving Hungary as HoldoutYields

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