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Chinese stocks drop by 1.3 percent to new cycle lows, Keith McCullough notes

Chinese stocks drop by 1.3 percent to new cycle lows, Keith McCullough notes
Chinese stock market sees fresh cycle lows

The Chinese stock market dropped by 1.3 percent overnight, reaching new cycle lows.

Keith McCullough, founder and CEO of Hedgeye Risk Management, highlighted this movement in a recent statement.

McCullough has recently pointed to similar declines in other Asian markets. He reported that the KOSPI dropped 3.7% overnight, closing below last week's lows. In another report, he noted that the Indonesia stock market fell 3.6 percent overnight, with losses totaling 22.4 percent over the last month.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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