CSI 300 enters bear-market territory
China’s CSI 300 index fell about 20% from its June peak, entering bear-market territory intraday amid a prolonged technology-led selloff.
CSI 300 enters bear-market territory
Index falls 20% from its June peak
China’s CSI 300 crossed the conventional bear-market threshold on 22 October after a ten-week slide. Technology shares led the decline as investors reassessed AI spending and earnings prospects, while weak consumption, excess capacity and property-market stress added pressure.
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Image: Matthew Waring / Unsplash. Shanghai World Financial Center; illustrative geographic file photo for Chinese financial markets, not a trading-session photograph. Image usage terms.
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jajoy39
I’m Nahid Hasan Joy, a technology writer, web developer, and digital enthusiast with a strong interest in the ever-changing world of technology.
