China’s Shanghai and Shenzhen Stock Markets Plunged in 2022

China’s blue chip stock indices closed down sharply this year. The Shanghai Composite stock market ended down -15.1% for the year, the Shenzhen Component plunged 26% to 11,016 in 2022, both benchmarks notched their first annual losses since 2018. It has been a tumultuous year for Chinese investments with the implosion of China’s property sector and China’s Covid Zero policy, which it abandoned in late December as the virus spread rampant through the country. Hong Kong’s Hang Seng was down 15.5% … Continue reading “China’s Shanghai and Shenzhen Stock Markets Plunged in 2022”