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 ...)
Every Step China’s Taking to Contain Losses in Financial Markets
The Shanghai Composite Index swung between gains and losses Monday ... to cushion outside risks to economic growth and ensure the supply of liquidity in the financial system. At least 101 Chinese firms on June 20 and 21 said major shareholders and ... ( read original story ...)
China’s Meituan Dianping files for Hong Kong IPO; seeks over $4 billion: sources
HONG KONG/SHANGHAI (Reuters) - China's Meituan Dianping, an online food delivery-to-ticketing services platform, is bringing its initial public offering (IPO) to Hong Kong, where it aims to raise over $4 billion, three people with knowledge of the deal said. ( read original story ...)
Shanghai’s stock market enters bear territory as key index plunges for a second day
Shanghai’s benchmark stock index plunged for a second day, sending Asia’s largest equity bourse into official bear market territory, as concerns of a trade war with the US sent investors scurrying to extract their funds from the capital markets. ( read original story ...)
China Stock Rout May Worsen, Analysts Warn No End in Sight Yet
Chinese stocks are on the cusp of sinking into a bear market, 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 was down 0.6 ... ( read original story ...)