INTEL: China’s STAR50 index has fallen 40% in under four months, wiping out about $480 billion

China’s STAR50 index has fallen 40% in less than four months, erasing roughly $480 billion in market value, according to Reuters. The index is the tech-heavy benchmark of Shanghai’s STAR Market.

The figures describe a steep, fast decline for one of the country’s main gauges of technology shares. Reuters put the value lost at approximately $480 billion over the period.

The material available so far gives the size and speed of the drop. It does not include the start and end dates of the four-month window, the index levels, the sectors or companies that led the decline, or any official response from Chinese regulators or exchange operators. Those details are not part of the supplied reporting, so this article does not speculate on causes.

The 40% fall and the $480 billion loss are Reuters’ figures and have not been independently checked here.