Shanghai stocks slide again; losses limited by govt support
Mon, Feb 5, 2024 3:20 PM

Shanghai stocks slide again; losses limited by govt support

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China stocks fell on Monday, but losses were limited by regulators' promises to stabilize the market and signs of state investors buying small-caps. The Shanghai Composite Index saw its sixth straight day of declines, while state-backed investors stepped in to support the market. Economic indicators showed no improvement and IMF predicts China's growth will continue to decline.

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