China Stocks in U.S. Suffer Biggest Two-Day Wipeout Since 2008

https://finance.yahoo.com/news/china-stocks-u-erase-740-134824122.html

(Bloomberg) — Beijing’s sweeping crackdowns of its technology and education sectors has unleashed shockwaves across global markets, erasing $769 billion in value from U.S.-listed Chinese stocks over the course of just five months.

The Nasdaq Golden Dragon China Index — which tracks 98 of China’s biggest firms listed in the U.S. — plunged 7% Monday after regulators in China unveiled an overhaul of its education sector which bans firms that teach school subjects from making profits, raising capital or going public. That adds to Friday’s 8.5% drop, bringing the gauge’s two-day decline to 15%, its biggest since 2008.

There is a currency shift taking place.. Brace yourselves for what’s coming..

Please repent, carry your cross daily and accept the free gift of Jesus Christ’s death on the cross for payment for your sins..

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