Canadian pensions join stampede out of Chinese stocks amid prolonged rout, delisting threat

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The Canada Pension Plan Investment Board sold all its U.S.-listed shares in Chinese tech giant Alibaba this summer, part of a multibillion-dollar sell-off of public assets headquartered in the country.

It’s one of several major Canadian pension funds, including the British Columbia Investment Management Corporation (BCI) and the Caisse de Dépôt et Placement du Quebec (CDPQ), to have drastically reduced their exposure to Chinese stocks amid a regulatory crackdown in Beijing and prolonged macroeconomic turmoil.

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