China has declared a "State of Emergency" due to an outbreak involving multiple viruses, such as HMPV, Mycoplasma pneumoniae, and COVID-19.

It cannot be verified whether the claim is true that China has declared a "State of Emergency" due to an outbreak involving multiple viruses, such as HMPV, Mycoplasma pneumoniae, and COVID-19.

Today's sell-off in Chinese equities is unusual, particularly if attributed solely to weak PMI manufacturing data, as it is also heavily affecting banks and insurance sectors. The chinese media appears reluctant to report on multiple virus outbreaks, possibly to avoid offending the communist party. 

$BABA-W(09988)$ $Ping An Insurance (Group) Company Of China, Ltd.(601318)$  $SSE Comp(000001.SH)$ $BOC HONG KONG(02388)$  $HSI(HSI)$ 

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# 💰 Stocks to watch today?(3 Jan)

Modify on 2025-01-02 19:14

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  • Hen Solo
    ·01-03 14:41
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    😢 Another state of emergency. The world is distressing.
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    • Shernice軒嬣 2000
      China has a habit of tucking away bad news or sprinkling in some misleading details, making it tricky to get a clear picture of what's really going on. It’s like trying to solve a puzzle with missing pieces, making the true state of affairs a bit of a mystery!
      01-03 15:04
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  • Shernice軒嬣 2000
    ·01-03 15:10
    China reports a GDP growth of 5%, but we're observing a decline in the PMI to 50.3, a drop in tax revenue, and a 50% decrease in real estate prices. This raises concerns that the GDP figures might not be accurate.
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  • pale65
    ·01-03 19:42

    Bagi dong

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  • joker1
    ·01-03 15:34
    Great article, would you like to share it?
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