CHINA-ECONOMY: CHINA'S SHARE INDEX CONTINUES TO DROP DAYS AFTER 20TH PARTY CONGRESS ENDS
Bloomberg (October 31) reported that the Hang Seng China Enterprises Index ended a volatile
session on October 31 with a 1.8% loss, closing at its lowest since November 2005. Property
shares plunged, while tech shares bucked the downtrend following BYD Co.’s record earnings.
The CSI 300 Index, a benchmark of onshore shares, fell 0.9% to its lowest close since February
2019. The trend of dropping shares has continued since October 22
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