MSCI China Enters Bear Market After Tech Selloff; Alibaba Slumps


Source: bloombergquint.com bloombergquint.com

Key Topics in this News Article:

News Snapshot:

May 14 2021, 1:41 AM May 14 2021, 7:54 AM May 14 2021, 1:41 AM May 14 2021, 7:54 AM (Bloomberg) -- China’s most widely-followed stock benchmark tumbled into a bear market after a selloff in some of the nation’s biggest technology firms. (Bloomberg) -- China’s most widely-followed stock benchmark tumbled into a bear market after a selloff in some of the nation’s biggest technology firms. The MSCI China Index slid 3% Thursday, extending losses from its mid February high to more than 20%. This is the second time the gauge has fallen into a bear market in a little...