𝕏xCN first seen 6 d ago, last 1 d ago, peak #3
Chinese stocks head for record 12-week losing streak
Original: JUST IN : Chinese Stock Market on track to close red for 12 consecutive weeks, its longest losing streak in history
China's stock market is on track to close lower for a 12th consecutive week, which would be the longest losing streak in its history. The sustained decline has drawn widespread attention, with investors and market watchers debating the causes, ranging from weak economic data and property-sector troubles to concerns about capital outflows and policy responses from Beijing.
Why now: A historic 12-week run of losses raises alarms about the state of China's economy and markets.
Evidence
- JUST IN : Chinese Stock Market on track to close red for 12 consecutive weeks, its longest losing streak in history · Barchart · 2.2K
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