Chinese stocks tumble in worst start to a year since 2016

Jan 2, 2025 - 15:00
Chinese stocks tumble in worst start to a year since 2016

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Chinese stocks experienced their worst start to the year in nearly a decade due to weaker-than-expected manufacturing data and impending tariff hikes. The CSI 300 Index fell 2.9%, with the Hang Seng China Enterprises Index dropping 3.1%. Concerns over the economic recovery and lack of significant stimulus measures contributed to the market's fragile sentiment.

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