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Jan 23, 2024 · The Hang Seng index has crashed 10% so far this year alone, while the Shanghai Composite and Shenzhen Component indexes are down 7% and 10% respectively. The astonishing losses, reminiscent of the...
Jan 23, 2024 · Chinese policymakers are weighing up rare intervention measures as they bid to end a meltdown in stock prices that's wiped out over $6 trillion since 2021, according to Bloomberg.
Feb 9, 2024 · The long-running collapse of Chinese stocks has wiped out trillions of investment dollars and delivered another blow to an economy beset by property crisis, slow growth, and deflation, and has added uncertainty about Beijing’s very support for money-making.
Jan 22, 2024 · The sharp decline in Chinese stocks continued Monday. The CSI 300, an index of mainland Chinese shares, fell 1.6% to close at an almost five-year low. Hong Kong's Hang Seng Index fell 2.3%...
Feb 21, 2024 · Major institutional investors in China are no longer allowed to sell stocks at the open or close of market trading on a given day.
Oct 30, 2022 · China's President Xi Jinping has tightened his grip on power — and that has rocked markets. Investors dumped Chinese stocks in a $6 trillion blowout as Xi shut reformers out of decision making.
Jan 25, 2024 · China’s $6 trillion stock market rout reveals a painful truth for President Xi Jinping’s government: People are hopelessly gloomy about the outlook for the world’s second-largest economy ...
Feb 2, 2024 · Chinese stocks have had a very bad week. Despite recent attempts by Beijing to shore up confidence in the economy and stem a protracted stock market slump that has wiped out $6 trillion in value...
Jan 22, 2024 · It’s the worst start to a year for Chinese stocks since 2016, when investors were ditching their holdings following a market crash in 2015. A bubble popped as the economy showed signs of strain...
Jan 30, 2024 · China’s authorities are stepping up efforts to stabilize the stock market after a massive selloff. The collapse in valuations since a peak in 2021 makes them the world’s “best value proposition,” according to at least one market veteran. Others remain unconvinced, saying the economy faces some tough challenges that will keep hampering ...