Chinese stocks are melting down again after worst week in years ...Middle East

CNN By Anna Cooban, CNN London (CNN) — Chinese stocks have had a very bad week. Despite recent attempts by Beijing to shore up confidence in the economy and stem a protracted stock market slump that has wiped out $6 trillion in value in three years, investors are still rushing for the exit. The Shanghai Composite index fell 6.2%, its biggest weekly loss since October 2018, while the Shenzhen Component index shed 8.1%, its largest drop in three years. The indexes have lost more than 8% and 15% respectively since the start of the year. China’s blue-chip CSI 300 index, comprising 300 major stocks listed in Shanghai and Shenzhen, also fell 4.6%, notching its worst week since October

Read More Details
Finally We wish PressBee provided you with enough information of ( Chinese stocks are melting down again after worst week in years )

Also on site :

• Final Palisades fire evacuation order lifted
• 'Unprecedented' number of US Air Force aerial refueling tankers heading toward Europe
• Walmart Is Selling a ‘Lightweight’ $116 Cordless Vacuum for Just $60, and Shoppers Say It’s 'Easy to Move and Carry'