Shutterstock Royalty-free stock photo ID: 297414167

Shenzhen,China-June 15,2015: Shenzhen stock market building and bull sculpture
Shutterstock Royalty-free stock photo ID: 297414167 Shenzhen,China-June 15,2015: Shenzhen stock market building and bull sculpture

It’s all gone bad for ChiNext stocks as lockdowns drag China’s start-up champions deeper into bear market

  • The ChiNext gauge has slumped 31 per cent this year, erasing US$442 billion of market value from its 100 constituents
  • China’s zero-Covid policy in tackling outbreaks has pushed two thirds of provinces and municipalities into lockdown this year