China's startup board ChiNext stares at low as M&A-savvy firms issue profit warnings

China's startup board ChiNext stares at low as M&A-savvy firms issue profit warnings

Photo: REUTERS/JASON LEE

China’s start-up board ChiNext is staring at its worst weekly loss in 21 months, with a profusion of once-acquisitive companies issuing profit warnings as they bite the bullet after overpaying for their purchases.

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