Chinese stock market enters bear territory! CSI 300 index crashes 20% from June peak
- On Thursday, China's benchmark CSI 300 Index entered a bear market, falling 20.2% from its June 22 closing peak to 4,036.30. The index tracks 300 of the largest stocks listed in Shanghai and Shenzhen.
- Persistent pessimism has gripped Chinese stocks as investors confront an economy weak enough to erode corporate profits but not to trigger forceful new stimulus. This deepening sell-off reflects broader economic weakness without corresponding policy support.
- The world's second-largest equities market has lost $3.5 trillion in value from a peak in May, according to compiled data. Last week, this rout intensified, erasing gains since Beijing's sweeping growth support package two years ago.
- Authorities mobilized the 'national team' of state-backed funds to prevent a market spiral, though policymakers have largely avoided large-scale consumption stimulus. This hesitation reflects comfort with tolerable economic slowdown rather than aggressive intervention.
- Without credible measures to address the 'deflationary mind' dragging on the economy, analysts warn long-term risks persist. As 2027 approaches, signs of structural reform remain scarce, leaving investors without reasons for optimism.
41 Articles
41 Articles
Sinking profits turn China's $3.5 trillion stock rout into trap
The rout intensified last week, pushing the onshore benchmark CSI 300 Index into a bear market and a technology sector gauge in Hong Kong toward erasing all its gains since Beijing’s sweeping growth support package two years ago.
China’s Stock Market Is Trailing the U.S. by the Widest Margin in History
The gap between U.S. and Chinese stocks just broke a record stretching back decades, and Beijing's state-backed funds are still sitting on their hands while blue-chip shares slide into bear market territory.
China's $2.4T Stock Wipeout Sends Wealthy to US Banks
BEIJING – China is currently facing an unprecedented financial crisis that is rapidly shaking global markets. Since May, the nation has watched a staggering amount of stock market value completely evaporate. Investors are reeling as a sluggish domestic economy collides with major disappointments from domestic artificial intelligence companies. The situation has grown so severe that […] <p>The post China’s $2.4T Stock Wipeout Sends Wealthy to US …
Why China's AI triumphs aren't saving its flagging stock market
TOKYO – When Chinese stocks lose a South Korea-sized sum in five months, Beijing has a problem. The US$2.4 trillion plunge in market value since May sits between Korea’s $2.25 trillion GDP and Canada’s $2.49 trillion. Many factors could explain Chinese shares entering bear market territory, but a major one is a protracted slump in […]
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