Chinese investors are preparing for potential significant losses on Monday as markets reopen after a holiday weekend. This follows China's announcement of 34% tariffs on all US imports in retaliation for US tariffs, causing a pre-holiday 8.9% drop in a gauge of Chinese stocks listed in the US—the largest single-day decline since October 2022.
China investors are bracing for a grim Monday as the nation’s markets return from an extended weekend and factor in its retaliation to US tariffs.
A gauge of Chinese stocks listed in the US plungedBloomberg Terminal 8.9% on Friday, the most since October 2022, amid global market turmoil after Beijing announced 34% tariffs on all imports from the US. That came during a holiday for Chinese and Hong Kong equities, which will restart trading on Monday.
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