Markets

Tech stocks in China are getting hammered again

Stocks in China are on track for their fourth straight day of falls, despite bouncing off intra-day lows after the lunchbreak. Selling has been focused on the tech-focused ChiNext index, which has now lost more than 7% since last Tuesday. DailyFX strategist Ilya Spivak attributed the falls to trade war […]
Tech stocks in China are getting hammered again
Markets

Stocks in China are getting hosed

With China at the centre of an escalating trade war that has rattled global markets, all eyes were on the Shanghai stock exchange when markets opened at 12:30pm AEDT. And perhaps not surprisingly, Chinese stocks are getting hammered — as the Shanghai composite index immediately dipped by more than 3%. […]
Stocks in China are getting hosed
Markets

This liquor company may offer a clue as to why Chinese stocks tanked yesterday

Yesterday’s sharp decline in Chinese stocks interrupted months of low volatility, as the benchmark Shanghai Composite index suffered its worst one-day fall since June 2016. Reports suggest the selloff also stems from efforts by Chinese authorities to cool investment in one of China’s hottest companies. The company in question: Kweichow […]
This liquor company may offer a clue as to why Chinese stocks tanked yesterday
Markets

There’s a hold-up letting Chinese shares into an important global club

The MSCI, a leading provider of global equity indexes, announced late Tuesday that it decided to exclude mainland Chinese shares in its latest benchmark emerging markets index review, seemingly pushing back the inclusion of A-shares until its next review in mid-2017. According to analysis from the Financial Times, an estimated […]
There’s a hold-up letting Chinese shares into an important global club