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(Bloomberg) -- Chinese stocks surged at the open Monday after authorities took a raft of steps to bring investors back to one of the world’s worst-performing equity markets. But most of the gains were gone by the end of the session, with foreign funds extending what’s set to be a record outflow this month.Most Read from BloombergAuto Union Boss Wants 46% Raise, 32-Hour Work Week in ‘War’ Against Detroit CarmakersChina’s Worsening Economic Slowdown Is Rippling Across the GlobeGoldman Is Selling a

(Bloomberg) -- Almost a third of Chinese provinces recorded shrinking investment in the first half of the year, the most widespread decline for the same period since 2020, as financially-strained local governments and companies cut back on spending.Most Read from BloombergFitch’s US Credit Downgrade Sparks Criticism Along With UneaseMissing Goldman Sachs Analyst Confirmed Dead by New York PoliceS&P 500 Has Worst Day Since April After Big Rally: Markets WrapCanada PM Justin Trudeau Splits With Wi