Reported 11 months ago
The MSCI China Index has fallen more than 10%, entering a technical correction due to declining earnings and anticipation for the upcoming July meeting of China's top leaders. Market scrutiny has increased on policy measures as the index dropped 2.2% on Thursday, with Tencent Holdings Ltd. and Alibaba Group Holding Ltd. contributing to the decline. Investors are cautious ahead of the Third Plenum scheduled for July 15 to 18, expecting supportive measures to boost the economy and deepen reforms.
Source: YAHOO