China blue-chip stocks hit 5-year lows, yuan eases after Moody's move

China blue-chip stocks hit 5-year lows, yuan eases after Moody’s move By Reuters – Canada Boosts

© Reuters. Individuals stroll previous a display screen displaying the Dangle Seng index at Central district, in Hong Kong, China December 6, 2023. REUTERS/Tyrone Siu/File Photograph SHANGHAI (Reuters) -China’s blue-chip shares slumped to an virtually five-year trough on Wednesday whereas the yuan forex prolonged losses, as markets grappled with Moody’s (NYSE:) reduce to China’s credit…

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