Market hits 3-week low as Citibank avoids Chinese stocks, citing regulatory concerns

From Google: 2024-09-08 22:43:48

The market hit a 3-week low as Citibank joined Wall Street in avoiding Chinese stocks. Concerns about China’s regulatory crackdowns and slowing economic growth have investors worried, leading to a sell-off. The move comes after other big banks like Goldman Sachs and JPMorgan also expressed caution. Market volatility is expected to continue.



Read more at Google: Market hits 3-week low; Citibank joins Wall Street in avoiding Chinese stocks – South China Morning Post