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Beijing’s Stock Rescue Attempt Failed

360MiQ 0

Since Beijing reportedly sought to have a 2 trillion yuan ($278 billion) stock market bailout on January 23, only the Hang Seng Index can still keep some of the rebound, both the Shanghai Composite Index and the Shenzhen Stock Exchange Component Index have hit new lows this year.

Year-to-date Performance:

Hang Seng Index -8.88%

Shanghai Composite Index -8.23%

Shenzhen Stock Exchange Component Index -15.42%

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