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China stocks in US suffer biggest two-day wipeout since 2008

By 2021-07-27 No Comments

July 27, 2021 7:15 AM

HONG KONG (BLOOMBERG) – Beijing’s sweeping crackdowns of its technology and private education sectors has unleashed shockwaves across global markets, erasing US$769 billion (S$1.04 trillion) in value from US-listed Chinese stocks over the course of just five months.