Half-a-trillion $ wiped off China markets in a week

China’s tech stocks slumped to new lows on Friday and Hong Kong’s benchmark index hit an almost 10-month trough, as an unrelenting series of Chinese regulatory crackdowns crushed investors’ confidence. More than $560 billion in market value has been wiped off Hong Kong and mainland China exchanges in a week.

from Times of India https://ift.tt/3D5k3F2