) Ltd both plunged 11%, dragging the Hang Seng Tech Index down 9.7% to a record low. Hong Kong-listed Chinese developers also plummeted 10.8% to record lows.
International investors are"getting into the capitulation phase" where they"just don't want to have the exposure", said Andrew McCaffery, Fidelity International's global chief investment officer, asset management. Xi secured a precedent-breaking third term following the week-long congress, and introduced the new Politburo Standing Committee stacked with loyalists.
"The message here is clear: COVID Zero lockdowns, shared prosperity agenda and sectorial crackdowns are not going anywhere," he said, adding that he believed these risks would limit China's annual economic growth to 2-3%.
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше: