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No hope. Chinese stock markets continue to drop.
— Inconvenient Truths by Jennifer Zeng 曾錚真言 (@jenniferzeng97) February 5, 2024
Now SSE Composite Index is already below 2700.
Only several days ago, they were still talking about "We must launch a defense war to safeguard the Shanghai Composite Index at 3,000 points".#CCP #China #CCPChina #Chinanews… pic.twitter.com/p7AKr05o14
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https://www.marketwatch.com/investing/index/shcomp?countrycode=cn
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The Communist Party’s mouthpiece ran an editorial declaring China was brimming with “optimism” on Friday. Within hours, stock markets tumbled and internet users clapped back with sarcasm https://t.co/QFL2MAV7t6 via @bpolitics
— @Home (@AR_Home_SA) February 2, 2024
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Beijing hasn't been able to stop foreign investors from fleeing China's stock market | In January, global funds sold $2 billion worth of Chinese equities #china #stocks https://t.co/gLnvfdjBU9
— Svein Frøystad (@sveinfr) February 2, 2024
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#AmazingChina Foreign investors flee stock market for record 6 months – China's stock market has seen net selling for a record six straight months⁰Foreign investors have fled amid economic problems and a tepid policy response from Beijing.⁰ https://t.co/z5Xq5LmyvX
— Jay T (@Jay83214566) February 2, 2024
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Shrinking population. Record property downturn. Rising trade tensions. And now a $6 trillion stock market wipeout. The list of problems just keeps growing for Xi Jinping’s China.
— Bloomberg (@business) February 2, 2024
Read The Big Take ⬇️ https://t.co/QHOBvk7CEA
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China's stock market is in a yearslong slump. Beijing is turning to a familiar solution. https://t.co/m3F3YWAcZg https://t.co/m3F3YWAcZg
— The Wall Street Journal (@WSJ) February 2, 2024
China has pushed a group of state-linked companies to buy exchange-traded funds, part of an effort to boost stock prices. So far, it isn’t working.
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A sense of panic grips Chinese stock investors as key benchmarks tumble sharply, and then quickly pared their losses, leaving traders wondering what’s next in store for the ailing market https://t.co/0otRcuqpeb
— Bloomberg (@business) February 2, 2024
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https://x.com/ReutersBiz/status/1749880932805329035?s=20
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