For Chinese investors, the grass is almost always greener elsewhere. The country’s stockmarket chronically underperforms, meaning that local punters look to bourses in, say, America or Japan, and devise ways of getting cash around China’s capital controls. But this year is different. The Shanghai Composite, an index for China’s domestic market, hit a ten-year high…
Sentiment in Asian markets remains mixed amidst uncertainty about U.S. tariffs that kept investor sentiment fragile. A mood of caution prevailed as markets awaited further developments in the trade negotiations between the U.S. and its trading partners. China’s Shanghai Composite Index gained 0.4 percent to finish trading at 3,457.75. The day’s trading ranged between 3,459.59…
Sentiment in Asian markets remained mixed as markets keenly watched the developments on the trade tariff front. Expectations of a potential Russia-Ukraine peace deal also swayed sentiment. China’s Shanghai Composite Index added 0.27 percent to finish trading at 3,355.83. The day’s trading ranged between 3,357.12 and 3,333.19. The Shenzhen Component Index closed 0.39 percent higher…
On Thursday, stock markets in China and Hong Kong saw a downturn as investors grappled with the dual prospects of U.S. tariff hikes and anticipated fiscal stimulus measures from Beijing. By midday, the Shanghai Composite index dipped by 0.1% to 3,364.64, and the blue-chip CSI 300 index decreased by 0.22%. The consumer staples, real…
Mainland China stocks plunged on Wednesday, October 9, snapping a 10-day winning streak after officials failed to inspire confidence in stimulus plans to revive the economy. Following the losses, the frontline benchmark Shanghai Composite index fell over seven per cent, its worst loss since February 2020, when fears were rising about COVID-19 emanating from Wuhan…
China’s stock rally is fading after the Shanghai Composite (000001.SS) fell more than 6% and the Hang Seng (^HSI) fell more than 1% after Tuesday marked its worst day since 2008. Yahoo Finance Senior Reporter Alexandra Canal reports more on the movement as concerns grow about China’s stimulus efforts. To watch more expert insights and…