China’s Stock Market Sees Worst Crash Since 2008

China’s Stock Market Sees Worst Crash Since 2008


On April 7, 2025, the Chinese stock market experienced its worst single-day crash since the 2008 Global Financial Crisis, with a decline of over 12%. Concurrently, the Hong Kong stock market saw a significant drop of 13.2%, marking its largest one-day decline since 1997. Other global markets also experienced declines, with varying degrees of severity across countries such as Taiwan, Japan, Italy, and Singapore.

Stock markets today

Hong Kong: -13.6%
Taiwan: -9.6%
Japan: -9.5%
Italy: -8.4%
Singapore: -8%
Sweden: -7%
China: -7%
Switzerland: -7%
Germany: -6.8%
Spain: -6.4%
Netherlands: -6.2%
Australia: -6.2%
France: -6.1%
UK: -5.2%
Malaysia:…

— The Spectator Index (@spectatorindex) April 7, 2025

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The London stock market dropped even further just minutes later by 6.1 per cent, before

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