China’s Stocks Enter Bear Market as Selling Spreads Across Asia
AI summary
China's benchmark CSI 300 index entered a bear market on Thursday after falling for 10 straight weeks, per LSEG data cited by CNBC. Bloomberg tied the decline to fading stimulus hopes, weak earnings and worries about the global AI trade, while markets in South Korea, Japan and Taiwan also fell. Broad Asian risk-off selling can pressure crypto, which often trades in step with global risk appetite, though no specific digital asset is named.
