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China’s Stock Market Drops Below 3,000 Points Again, Despite Intervention

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China’s Stock Market Drops Below 3,000 Points Again, Despite Intervention
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
Olivia Li
By Grace Hsing and Olivia Li
7/9/2024Updated: 7/9/2024
0:00
Analysis

After experiencing six consecutive weeks of decline and failing to maintain the 3,000-point threshold on the Shanghai Composite Index, China’s stock market ended the first half of the year on the decline, with a volatile rebound on June 28. Despite this, it still fell short of reclaiming the crucial 3,000-point mark.

Grace Hsing is contributor to The Epoch Times with a focus on China-related topics.
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