China’s troubled property market continues to get a lot of the headlines but China’s stock market is also in terrible shape right now. The total losses since 2021 are roughly $7 trillion dollars.
While U.S. stocks have been soaring, Chinese shares have been on a seemingly interminable downward slide.
China’s benchmark CSI 300 index is down by nearly 20% over the past 12 months and is hovering near a five-year low. The Hong Kong stock exchange’s Hang Seng China Enterprises Index has dropped more than 4% since the start of the year and by 25% since this time last year.
Chinese stocks have fallen by around half since they peaked in early 2021, and they are hovering around five-year lows.
Forbes offers some perspective on the scale of the losses.
Economists are struggling to put China’s epic $7 trillion stock crash in perspective. The best size and scope may be that, since 2021, the…
