But with regulators unwilling to bend on Xiaomi, one of this year’s largest IPOs, the future of other Chinese listings has been called into question. Xiaomi had planned to raise about $10 billion selling stock in Shanghai and Hong Kong, but that fell ... ( read original story ...)
Trump’s Trade Threats Hit China’s Stock Market and Currency
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 ...)
China’s stock benchmark set for biggest monthly drop since aftermath of 2015 crash
“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 ...)
China Crisis: Shanghai Comp Bear Market Is Another Warning for US Markets
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 ...)
Stock Market Says China A Loser In ‘Trade War’
“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 ...)
China’s stock rout set to worsen, and analysts warn there’s no end in sight
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 ...)
One Asian Stock Market is Resisting the Trade War Selloff
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 ...)