NEW YORK, Aug 15 Reuters Global hedge funds are aggressively selling Chinese stocks amid heightened concerns over the country39;s property sector and a weak batch of economic data, a Goldman Sachs report on Tuesday showed.

All types of stocks were sold, but Ashares, those listed in the domestic stock market, led the selloff, comprising 60 of it, the bank said.

Hedge funds have net sold Chinese stocks in eight of the last ten sessions on the prime book through 814, it said, adding its clients divested both their long and short positions.

This is the largest net selling in Chinese equities over any 10day period since Oct 2022 and one the highest moves in the past five years.

Goldman Sachs, as one of the biggest providers of lending and trading services through its prime brokerage unit to investors, is able to track hedge funds39; investment trends.

Global investors have raised concerns about China39;s economy as a confluence of recent events has darkened its economic outlook.

On Tuesday, a broad array of Chinese economic data highlighted intensifying pressure on the economy from multiple fronts, prompting Beijing to cut key policy rates to shore up activity.

Chinese property giant Country Garden is seeking to delay payment on a private onshore bond and a major Chinese trust company that traditionally had sizable exposure to real estate, Zhongrong International Trust Co, has missed some repayment obligations.

Hedge funds are increasingly wary of their exposure to…