Tag: banking

SHANGHAI — Months of struggling with economic problems at home and bickering with President Trump over trade are starting to take their toll on China’s financial health. China’s stock market has now fallen close to levels not seen since a crash ... ( read original story ...)

“The market is unlikely to stage a comeback until the long-term negative impact of the trade war on the economy is removed.” The Shanghai Composite retreated ... of mainland-traded equities via the stock connect schemes with Hong Kong on Thursday ... ( read original story ...)

If there were any doubts that the Chinese stock market had entered a bear market, these were dispelled by the breach of key support at 3000 and plunge last week, which we can see to advantage on the 6-month chart for the Shanghai Composite index shown below. ( read original story ...)

“Now the Shanghai Composite Index is in a bear market ... Recently, China’s mainland stock market became open to foreign investors. Last year, Beijing allowed foreign banks to operate in mainland China without partnering with a local bank or broker ... ( read original story ...)

Chinese stocks sunk into a bear market Tuesday, and analysts expect losses to deepen as concern over China’s economy, yuan weakness and a trade feud with the U.S. continue to rattle investors. The Shanghai Composite Index closed at 2,844.51 points ... ( read original story ...)

Chinese stocks led the way, with the Shanghai Composite Index falling 1.1% and Hong Kong ... But India, Asia’s third-largest economy, is an outlier. There, a resilient stock market makes it hard to recognize the threat of a trade war. ( read original story ...)

Financial experts, government officials and entrepreneurs from both China and Norway attended a seminar in Shanghai on Wednesday to further strengthen financial cooperation between the two countries. The seminar was organized by the Norwegian Consulate ... ( read original story ...)