China's small-cap crash shows what happens sans market rescue
Tue, Feb 6, 2024 9:42 AM

China's small-cap crash shows what happens sans market rescue

A Flip by Avya Verma
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China's smallest stocks are flashing a warning about the potential downside for the world's second-largest equity market if Beijing fails to follow through on a highly anticipated rescue campaign. While the country's large-cap CSI 300 Index eked out a 0.7% gain on Monday after a renewed pledge from regulators to support the market, a gauge of small-cap shares sank more than 6% to the lowest level.

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