China Stocks Selloff on ZhongZhi Fallout, Boeing Crashes
The HangSeng index fell more than 2% in just the final hour of trading last night as investors across Asia digest the failure of shadow bank Zhongzhi Enterprise Group. Elsewhere Boeing ($BA) Stock is crashing this morning after an Alaska Airlines plane had a fuselage panel blowout midflight over the weekend. While nobody was hurt, over one hundred 737 Max9s have been grounded over the incident.
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