17:20 - 23.10.2023

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October 23, Fineko/abc.az. China's stock market has fallen to its lowest level before COVID-19 pandemic amid slowing economic growth, liquidity crisis in the real estate sector and geopolitical tensions.

ABC.AZ reports with reference to the foreign press that Forbes writes about it.

The magazine's article notes that China's 300 largest companies traded on the Shanghai and Shenzhen stock exchanges declined by 1.3% and fell by 3,463 points. This is the lowest level since 2019. In general, in 2023, this index fell almost by 15% in dollar terms.

In general, Chinese companies have repurchased shares for 61.2 billion yuans this year.