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Asian Stocks Slide as Chinese Shares Decline Amid Market Crackdown

Asia United States Amazon Meta Oil
FILE - People walk past the New York Stock Exchange on Wednesday, June 29, 2022 in New York. Wall Street's best week of the year is getting even better Friday, Nov. 3, 2023, following a cooler-than-ex

Asian Stocks Decline as Chinese Market Continues to Slide

Asian stocks witnessed a decline on Monday, with Chinese shares leading the losses once again, despite the market regulator's recent pledge to crack down on abuses and protect small investors. The Shenzhen A-shares index took the biggest hit, plummeting by 5.4%, while the Shanghai Composite index slipped over 2% before making a partial recovery.

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