Chinese Stocks Sink Most in Three Weeks as CEWC Lacks Surprise
Fri, Dec 13, 2024 3:47 PM

Chinese Stocks Sink Most in Three Weeks as CEWC Lacks Surprise

A Flip by Avya Verma
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Chinese shares declined as authorities again left investors guessing on the specifics of a fiscal stimulus even as their key policy meeting vowed to boost consumption. The CSI 300 onshore benchmark closed down 2.4%, its worst day in three weeks. Friday’s drop led to a weekly loss of 1%, snapping a two-week winning streak spurred by optimism about potent stimulus.

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