China Hit With $7 Trillion Stock Rout Despite CCP Interventions

Securing stock market stability has emerged as a paramount concern for China’s communist regime.
China Hit With $7 Trillion Stock Rout Despite CCP Interventions
An investor looks at a screen showing stock market movements at a securities company in Hangzhou, in eastern China's Zhejiang province, on Feb. 8, 2024. STR/AFP via Getty Images
Julia Ye
Sean Tseng
Updated:
0:00

China’s economic landscape has faced considerable challenges over the last year, with disappointing economic indicators further dampening investor sentiment. The CSI 300 Index, a barometer of the Chinese stock market’s health, has plummeted over 40 percent since its peak in 2021, while the Hang Seng China Enterprises Index has seen a staggering decline of more than 50 percent.

Consequently, the stock markets in Hong Kong and China have witnessed a loss of approximately $7 trillion in value. Despite the Chinese Communist Party’s (CCP) concerted efforts to stabilize the market, the persistent downturn in A-shares remains unabated, signaling potential economic turbulence ahead.

Julia Ye is an Australian-based reporter who joined The Epoch Times in 2021. She mainly covers China-related issues and has been a reporter since 2003.
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