The remarkably resilient stock market
The Chinese markets panicked on the news of government crackdowns on technology and education companies. As well, Beijing has been working to restrict the flow of credit to property developers in order to stabilize real estate prices. In reaction, foreigners have been panic selling Chinese tech on high volume.
Source: http://humblestudentofthemarkets.blogspot.com/2021/07/the-remarkably-resilient-stock-market.html
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