Name: Investor Confidence in China Market Plunges
Uploaded: 2024-01-24T07:25:05.000Z
Description: From hope to hesitancy to a total halt as global investors appear unimpressed with Beijing's economic rescue package.

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From hope to hesitancy to a total halt as global investors appear unimpressed with Beijing's economic rescue package.

It's not just 2024 that's a bad start for Chinese stocks, it’s been an uphill battle since 2021.

Over the past three years, about $6 trillion has been wiped off the value of Chinese and Hong Kong stocks.

That's roughly twice the value of the UK‘s entire GDP.

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