Chinese Stocks Post Record 10-Week Losing Streak Despite 4.5% GDP Growth
Chinese stocks have closed lower for 10 straight weeks. That is the longest losing streak in the history of the country’s main benchmarks, according to Barchart data. The selloff is hitting even as the economy grows 4.5%, a split that economists and investors are watching closely. Why the Chinese Stock Selloff Keeps Deepening A losing The post Chinese Stocks Post Record 10-Week Losing Streak…
Chinese equities have fallen for 10 consecutive weeks, the longest losing streak on record for the country's main benchmarks, according to Barchart data. The selloff persists even as GDP growth came in at 4.5%, a divergence between markets and the economy that economists and investors are watching closely. A sustained equity slump in a major economy can weigh on global risk appetite, which traders often read as a headwind for crypto and other risk assets, though no specific digital asset is named here.
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2H AGOYou’re reading thisChinese Stocks Post Record 10-Week Losing Streak Despite 4.5% GDP GrowthBeInCrypto · Score 45
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18 OCT · 04:54Crypto Briefing · Score 45 · via losing streak, losing
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13 OCT · 18:04Crypto Briefing · Score 45 · via longest losing, streak since
