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المشهد العربي
Chinese stocks enter bear phase
The decline in Chinese stock indices has led the market into a bear phase, with the CSI 300 index dropping more than 20% from its peak in June 2023, marking its lowest level since July 2025. This downturn was driven by declines in major technology stocks, with Tencent falling over 2.9% and Alibaba dropping more than 6%. Sector-specific indices such as semiconductors and artificial intelligence also hit their lowest points, reflecting weakened confidence in the Chinese market and diminishing government support and incentives.
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