China stocks fall sharply, set to snap winning streak

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Mainland China News

Winning Streak,Fiscal Stimulus

Mainland China stocks opened sharply lower Wednesday and were poised to snap a 10-day winning streak after officials failed to inspire confidence in stimulus...

SHANGHAI - Mainland China stocks opened sharply lower Wednesday and were poised to snap a 10-day winning streak after officials failed to inspire confidence in stimulus plans intended to revive the economy.

Hong Kong's Hang Seng index is one of the best-performing major global markets this year, having seen its steepest rally in a generation over recent weeks. It edged up about 1% in early trading. Putting the feds in the spotlight for alleged shiftiness, Sean “Diddy” Combs is making a third attempt to get out of jail while he awaits trial on sex trafficking and other charges Just like before, the Grammy winner is putting up a $50 million bond and making a lot of home detention pledges, but now …Roblox is Hindenburg's latest target. Here's a roundup of all of the short-seller's big bets.

 

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