Just before entering the bear market

Traders on the Shanghai Stock Exchange

Dusseldorf China’s stock market is about to enter the bear market. This is the term for a phase of persistently falling prices. The Hang Seng China Enterprises Index of Chinese stocks listed in Hong Kong fell 1.3 percent on Monday, down 19.6 percent from its high in late January. A bear market is usually referred to as a minus of 20 percent to the high.

As a result, the index has given up around half of the gains it has accumulated since early November 2022. Compared to November, it is still in positive territory. Since the beginning of the year, however, there has been a minus.

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