China Stocks Hit Fresh Turbulence, Casting Doubt Over Recent Rebound

Billions of dollars recently flowed into China-focused mutual funds, but Beijing’s zero-Covid policy and tech regulations continue to weigh on markets

Chinese tech stocks popular among U.S. investors have tumbled amid the country’s regulatory crackdown on technology firms. WSJ explains some of the new risks investors face when buying shares of companies like Didi or Tencent. Photo Composite: Michelle Inez Simon

There are none so blind as those who will not see.

Yeah good luck with those accounting practices

Weren’t there reports of bank runs of certain regions in China? And reports of people not being able to withdraw their money.

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U.S. stocks open lower as China COVID restrictions biteU.S. stocks opened lower on Monday one session after the Nasdaq Composite cemented its longest win streak since November as another spate of COVID restrictions in China added to concerns about a global economic slowdown.
Source: MarketWatch - 🏆 3. / 97 Read more »