Chinese Stocks Teetering as Relentless Selloff Tests Support Levels
• Chinese stocks near key support levels amid relentless selloff, further drops could signal more losses • Global investors pessimistic on China's economic outlook due to fragile recovery and worsening real estate crisis • Foreign outflows persist despite Beijing attempts to stabilize market sentiment • Hong Kong's Hang Seng Index approaching 1998 Asian financial crisis trendline support • Fate line for Shanghai Composite Index repeatedly tested this year, CSI 300 at lowest since 2019