Business · 2026-10-22 · Morning briefing
China's benchmark stock index enters bear market
China’s benchmark CSI 300 index entered bear-market territory on Thursday, falling 20% from its peak in June. The drop marks the tenth consecutive week of declines for the index, which tracks the 300 largest stocks in Shanghai and Shenzhen. It fell more than 1% on Thursday and is down 2.6% for the week.
The sustained sell-off reflects broader economic troubles. China recorded its slowest growth in over three years in the second quarter, while industrial profits in September showed their weakest growth this year. Analysts point to a multiyear slowdown in the property sector, weak consumer demand, and the lingering effects of overinvestment.
The market's volatility is amplified by its structure. Retail investors drive 90% of daily trading volumes in China, according to data from HSBC. This contrasts sharply with markets like the New York Stock Exchange, where retail investors account for just 20-25% of trades.
Summary written by Cup of News with AI from the sources below. Check the originals for the full story.
Read the sources
- China's stock market sinks into bear territory as CSI 300 extends 10-week rout
- China's CSI 300 stock index enters bear-market territory after falling 20% from June peak
- China’s Stocks Enter Bear Market as Selling Spreads Across Asia
- Down 20% from peak, China's stock market enters bear territory
- China Stock Rescue May Need More State Buying to Work, Bloomberg Intelligence Says
Ten stories, twice a day. Calm, no notifications.
Get the appMore stories in this edition
- Missiles strike Kyiv hours after Russia signals peace talk readiness
- Iran reports seven tankers damaged in Strait of Hormuz
- Meta fined $25 billion over Facebook privacy practices
- Philippines hikes key rate to 5.5% amid fuel inflation
- North Korea to resume propaganda broadcasts into South Korea
- Guinea-Bissau halts controversial US-backed infant vaccine trial
- Typhoon Champi hits 185 mph, becoming 2026's strongest storm
- UK trial tests diabetes and ADHD drugs for Alzheimer's
- Cameroon rail disaster victims await justice a decade on