A deepening sense of unease is rippling through China's financial markets. The benchmark Shanghai stock index has tumbled 20 per cent in just five months to enter a bear market. The yuan is heading for its longest losing streak in four years in Hong Kong. ( read original story ...)
Market Studies For Wednesday, June 27: Amazon, Financial Stocks, China, GE
This tells you nothing about the financial sector’s medium term or long term. This is only applicable for the short term. The Chinese stock market (Shanghai Index) is getting crushed thanks to Trump’s trade war threats. The Chinese stock market has ... ( read original story ...)
China’s Yuan Pares Loss at Key Level as Local Bank Seen Buying
The yuan trimmed declines of as much as 0.6 percent to trade 0.2 percent lower at 6.5924 at 1:55 p.m. in Shanghai. At least one major Chinese bank sold the dollar in the onshore market to keep the yuan stronger than 6.6, according to two traders. ( read original story ...)
China stocks officially in bear territory, lose market cap bigger than Canada’s entire economy
Shanghai’s benchmark stock index plunged to its lowest level in two years, driving Asia’s largest equity bourse down into official bear market territory, as concerns about a trade war with the United States sent investors scurrying to extract funds ... ( read original story ...)
Bear Market in Stocks, Weak Yuan Show China Problems Piling Up
A deepening sense of unease is rippling through China’s financial markets. The benchmark Shanghai stock index has tumbled 20 percent in just five months to enter a bear market. The yuan is heading for its longest losing streak in four years in Hong Kong. ( read original story ...)
A deepening sense of unease is rippling through China’s financial markets
A deepening sense of unease is rippling through China’s financial markets. The benchmark Shanghai stock index has tumbled 20 per cent in just five months to enter a bear market. The yuan is heading for its longest losing streak in four years in Hong Kong. ( read original story ...)
China’s Shanghai Composite closes in bear market territory
The Shanghai Composite slipped 0.5 per cent on Tuesday to close at 2,844.66, marking a decline of 20.1 per cent from its January peak and down 14 per cent for the year to date. China’s slowing economy and an escalation in trade tensions with the US ... ( read original story ...)