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China and Hong Kong stocks have lost about $6.3 trillion in market value since 2021, per Bloomberg data.
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The markets started 2024 in the red and are extending declines.
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China’s economy is struggling to recover post-pandemic and is facing significant headwinds.
China stocks have been having it really bad amid a years-long market slump.
The rout is so bad that China and Hong Kong stocks have lost about $6.3 trillion in market value since hitting a peak in 2021, according to Bloomberg data published on Friday.
It’s gotten worse since then.
Hong Kong’s Hang Seng Index was down 2.6% at 2:27 p.m. local time on Monday after falling 12% this year to date. Meanwhile, the CSI 300 — which tracks 300 Shanghai and Shenzhen-listed stocks with the largest market capitalizations — is 1.13% lower after…
