China's Rate Cuts Spark Flashbacks Of US 2008 Financial Meltdown - Alibaba Gr Holding (NYSE:BABA), JD.com (NASDAQ:JD), KraneShares Trust KraneShares CSI China Internet ETF (ARCA:KWEB)
Chinese stocks have gotten crushed over the last few weeks as the Hong Kong’s Hang Seng Index hit its lowest point since November 2022 over concerns about China’s economic growth as well as surprise rate cuts.
Source: benzinga.com