China's stock market just got destroyed — ¥1 trillion evaporated in a single day as it officially entered bear territory.
Even crazier: Chinese equities are now on track for 11 straight red weeks, which would be the first time in history.
This isn't just a correction. This is sustained, relentless selling pressure that shows zero signs of stopping. When a major market can't catch a bid for nearly 3 months straight, it's telling you something deeper is broken — whether that's confidence, policy credibility, or capital flow dynamics.
For those tracking global liquidity and risk appetite, China's equity market is basically a real-time stress test right now. If this continues, expect ripple effects across EM assets, commodities, and even crypto as Chinese capital looks for alternative stores of value or simply sits on the sidelines in fear.
Even crazier: Chinese equities are now on track for 11 straight red weeks, which would be the first time in history.
This isn't just a correction. This is sustained, relentless selling pressure that shows zero signs of stopping. When a major market can't catch a bid for nearly 3 months straight, it's telling you something deeper is broken — whether that's confidence, policy credibility, or capital flow dynamics.
For those tracking global liquidity and risk appetite, China's equity market is basically a real-time stress test right now. If this continues, expect ripple effects across EM assets, commodities, and even crypto as Chinese capital looks for alternative stores of value or simply sits on the sidelines in fear.