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Chinese stocks are now among Asia's worst-performing as Beijing crackdown spooks investors

Chinese stocks are now among Asia's worst-performing as Beijing crackdown spooks investors

7/28/2021 6:13:00 AM

Chinese stocks are now among Asia's worst-performing as Beijing crackdown spooks investors

Days of heavy selling in Chinese stocks have left two major indexes in the country as the worst-performing markets of Asia-Pacific.

Hang Seng indexalso suffered heavy losses, falling 7.88% in the same period."There hasn't been a single two-day decline (for the Hang Seng index) since the Financial Crisis that has exceeded the magnitude of the last two days," analysts at Bespoke Investment Group wrote in a note.

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