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Market Impact: 0.35
Sinking Profits Turn China’s $3.5 Trillion Stock Rout Into Trap
Source: Bloomberg
Emerging MarketsInvestor Sentiment & PositioningEconomic DataCorporate Earnings
Chinese stocks face a deepening selloff as investors see no end in sight to pessimism. The economy is described as weak enough to erode corporate profits but not weak enough to prompt forceful new stimulus.
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moderately negative
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