⚡ JUST IN !!!
SHANGHAI STOCK EXCHANGE SUFFERS MASSIVE 180 BILLION USD MARKET VALUE WIPE-OUT AS SHANGHAI COMPOSITE PLUNGES 2 PERCENT 📊
Market Capitalization Shock: Over 1.29 trillion yuan (approx. 180 billion USD) evaporated in a single session as selling pressure intensified across mainland equities.
Index Retracement: Following early warning signs, the Shanghai Composite extended losses after opening down more than 1% at 3,910.92, dropping deeper into the session before stabilizing.
Broad-Based Selloff: More than 5,100 listed stocks declined across the board, with heavy downward pressure concentrated in precious metals and industrial commodity sectors.
Liquidity and Macro Pressures: Thin trading volumes, profit-taking following earlier AI-driven rallies, and rising global risk aversion weighed heavily on onshore investor sentiment.
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