Chinese stocks fall almost 5% in market bloodbath as investors digest a week of bad news in a single day

  • Chinese stocks plunged Monday, with the China A50 index losing more than 4.8% in trading.
  • A weeklong holiday for Chinese markets meant investors had an entire five days of news and data to digest in just one session, including an escalation of the trade war between China and the US.
  • News also emerged over the weekend that China’s central bank would cut the required reserve ratio for Chinese banks by 1%.

Chinese stocks took a hammering Monday as traders returned to work after a weeklong holiday in the world’s second-largest economy.

Scroll Up
error: Content is protected !!