Emerging-Market Rout Deepens as China Boost Fizzles, Ruble Sinks

Updated on
  • Mainland, Hong Kong-listed Chinese shares extend losses
  • Ruble falls to record, Philippine stocks drop to a 2-year low

Finding Opportunity in Emerging Markets

The $2.3 trillion rout in emerging-market stocks deepened as the capital exodus from China showed no signs of abating. Russia’s ruble plunged to a record as investors dumped the currency of the world’s largest energy exporter.

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