Shanghai Stock Index Falls 1.75% as ¥1.21 Trillion Vanishes

SHOCKWAVE IN ASIA: Over ¥1.21 Trillion ($181B) Wiped Out from Chinese Stocks as SSE Falls -1.75%

A severe wave of profit-taking and panic selling slammed mainland Chinese equities, sending the Shanghai Stock Exchange (SSE) Composite Index plunging by -1.75%. More than ¥1.21 trillion (approximately $181 billion USD) was erased from market capitalization in a matter of hours, intensifying worries over uneven domestic demand, investor confidence, and external macroeconomic headwinds.

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Source:https://x.com/BullTheoryio/status/2104427256290611338?s=20