China and Hong Kong markets open lower after poor performance in 2023
China and Hong Kong markets started their first trading day of 2024 with a dip, continuing their trend of poor performance from the previous year. Both markets ranked among the worst performers in 2023, with concerns lingering over Beijing’s crackdown on the tech sector and a prolonged property slump. Additionally, a slowdown in production activity and lukewarm consumption further dampened investor sentiment.
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