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From hope to hesitancy and now total capitulation, global investors in China are heading for the exits in the world’s second-biggest economy and sending its stock market crashing.
From hope to hesitancy and now total capitulation, global investors in China are heading for the exits in the world's second-biggest economy and sending its stock market crashing. Stock markets in Hong Kong and Shanghai tumbled on Monday -- the Shanghai index marking its worst day since April 2022 -- as investors retreated from what was a 'must have' country in global portfolios just a year ago. The selling seemed to subside on Tuesday as Chinese Premier Li Qiang chaired a cabinet meeting and Bloomberg News reported authorities were considering a package of measures to stabili...
SHANGHAI/NEW YORK :From hope to hesitancy and now total capitulation, global investors in China are heading for the exits in the world's second-biggest economy and sending its stock market crashing.Stock markets in Hong Kong and Shanghai tumbled on Monday - the Shanghai index [.SS] marking its worst day since
The Chinese stock market has had a precipitous drop as the economy fails to recover to pre-COVID-19 pandemic levels, prompting possible government stimulus.
Stocks in Hong Kong surged the most in four weeks, beating Asian peers, on bets spending during China’s Golden Week holiday would prov...