Chinese Massacre Spreads To Bonds, FX Amid Rumors Of Foreign Liquidations | WHAT REALLY HAPPENED

Chinese Massacre Spreads To Bonds, FX Amid Rumors Of Foreign Liquidations

The rout in Chinese shares, which has demolished the country's tech giants following Beijing’s regulatory crackdown on various sectors, extended into the bond and currency markets Tuesday amid unverified rumors swirled that U.S. funds are offloading China and Hong Kong assets.

The speculation, first reported by Bloomberg, included talk that the U.S. may restrict investments in China and Hong Kong, circulated among traders in late afternoon in Asia, spurring a renewed bout of selling which sent Hong Kong's Hang Seng Tech Index, a gauge of many Hong Kong-listed Chinese stocks, crashing as much as 10% to its lowest level since inception...

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