Chinese stock markets experienced significant declines on October 15, 2024, with the Shanghai Composite Index falling 2.45% to close at 3,265.75 points. The Shenzhen Component Index also saw a decrease of 1.9%, while the Chinext Index dropped 2.4%. The Hang Seng Index in Hong Kong declined 4%, with the Hang Seng Tech Index falling 4.8%. Major tech stocks were adversely affected, with Alibaba down 5.4% and Tencent down 5.7%. This selloff was marked by increased turnover, exceeding 1 trillion yuan for the 10th consecutive trading day. The broader market sentiment reflected ongoing concerns regarding economic conditions in China.