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China Business & Economy

China’s Stock Market Tumbles, Raising Doubts About the CCP’s Stimulus: Experts

China’s Stock Market Tumbles, Raising Doubts About the CCP’s Stimulus: Experts
Pedestrians walk past a sign showing the Hang Seng Index in Hong Kong on Oct. 8, 2024. Peter Parks/AFP via Getty Images
Alex Wu
10/11/2024|Updated: 10/13/2024
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China’s stock market plunged on Oct. 9 following a sharp rise in late September induced by the Chinese communist regime’s stimulus policies. The indexes of China’s three major exchanges—Beijing, Shanghai, and Shenzhen—continued to fluctuate without recovering on Oct. 10.

China’s benchmark CSI 300 index—the top 300 stocks traded on the Shanghai Stock Exchange and the Shenzhen Stock Exchange—closed down by 7.1 percent, marking the biggest single-day drop since early 2020 when the COVID-19 pandemic began.

Alex Wu
Alex Wu
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Alex Wu is a U.S.-based writer for The Epoch Times focusing on Chinese society, Chinese culture, human rights, and international relations.
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