The Shanghai Composite Index dropped 0.5 per cent to 2,844.51 at the close on Tuesday. Overall, Chinese stocks have lost about US$1.6 trillion in total value since a high in January. Photo: EPA

China stocks officially in bear territory, lose market cap bigger than Canada’s entire economy

Trade war tensions ‘create bad sentiment for the market as a whole’

Topic |   China stock market

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The Shanghai Composite Index dropped 0.5 per cent to 2,844.51 at the close on Tuesday. Overall, Chinese stocks have lost about US$1.6 trillion in total value since a high in January. Photo: EPA
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Laurie Chen

Laurie Chen

Laurie Chen joined the Post in 2017 after completing a master's degree in journalism at City University, London. Originally from the UK, she studied English literature at University College London.

Zhang Shidong

Zhang Shidong

Zhang Shidong is based in Shanghai and reports on business for the Post. He joined the team in 2017, following stints covering China's stock market news for Bloomberg and at a local newspaper in Shanghai.