Foreign investors have been selling Asian equities for nine months straight, with July being the latest month. This trend is attributed to concerns over spending on artificial intelligence and demand for chips.

Heavy selling was particularly notable in Taiwan and South Korea. These countries were among the hardest hit by foreign investors' decisions to sell Asian equities.

Further details on this trend can be found through Reuters, which reported on the situation. The full story provides more information on the factors driving foreign investors' decisions to sell Asian equities on a net basis.