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UK stocks hit as Beijing cracks down on capital outflows

By Abigail Townsend

Date: Thursday 04 Jun 2026

(Sharecast News) - Shares some of the UK's biggest financial stocks tumbled on Thursday, on reports banks were restricting investment accounts following moves by Beijing to crack down on capital outflows.
Asia-focused firms caught up in the sell-off included HSBC, Standard Chartered and insurer Prudential.

According to the South China...

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