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China’s post-Covid economic issues are worsening as stocks hit a five-year low today. The onshore equity benchmark has been pushed to its lowest in nearly five years, testing the resolve of investors who were hoping for a revival in Chinese stocks. The slump follows ongoing concerns over the nation’s economic recovery and policy uncertainty. Bloomberg reports foreign investors were back selling in earnest today, offloading the equivalent of $600million of mainland shares. It wasn’t the end of the economic woes for China this week. The bankruptcy of shadow bank Zhongzhi Enterprise Group combine…

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