And it went down European STOXX 600 index By about one percent by 0714 GMT, touching its lowest levels since September 23.
Shares of luxury companies such as… LVMH Kering, Burberry and Ermes, a large portion of whose revenues come from China, with proportions ranging between 3.1 percent and five percent.
Shares in beverage companies Remy Cointreau and Pernod Ricard fell 5 percent after the announcement China Imposing temporary anti-dumping measures on imports of spirits from the European Union.
It was a strip Mining The largest European sector declined, down 3.7 percent, with copper and iron ore prices declining after optimism faded over the stimulus measures taken by China, the world’s largest consumer.
And it started Chinese stocks Losing momentum on Tuesday, Hong Kong stocks fell after officials disappointed market participants by revealing only a few specific details about plans to support the slowing economy.
Among corporate stocks, Vestry fell by about 30 percent after the British home builder cut its 2024 profit forecast by 80 million pounds ($104.7 million) as one of its divisions was hit by increased construction costs.
