China's stocks plunge as Covid protests put investors on edge
Mon, Nov 28, 2022 8:06 AM

China's stocks plunge as Covid protests put investors on edge

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Chinese stocks tanked and the yuan weakened today as protests against Covid curbs erupted across cities. It led to a shadow over the country’s reopening path and put investors on edge. The Hang Seng China Enterprises Index plunged over 4% early Monday, declining November’s advance to below 16%. Goldman Sachs projects some chance of a “disorderly” exit from Covid Zero in China.

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