While ‘notable downward pressures’ continue to thwart a full economic rebound, some say the market may be concerned that the need to rein in China’s disruptive coronavirus-containment measures has …
Tagged By finance
MCHI: China Stocks Plunge To Near Decade-Plus Lows Following Xi’s Re-Election
Chinese stocks endured their worst day since the COVID Crash on Monday following President Xi’s victory. Read more on the MCHI ETF and how it’s impacted.
U.S.-listed Chinese stocks drop 20% after Beijing’s power reshuffle makes the market ‘uninvestable’
The Invesco Golden Dragon China ETF, which tracks the Nasdaq Goldman Dragon China Index, plunged more than 18% to hit a new 52-week low.
China and Hong Kong stocks fall as Xi Jinping secures 3rd term
Yahoo Finance’s Kevin Cirilli discuss how Chinese stocks are performing after Chinese leader Xi Jinping consolidated power at the Party congress.
Stock Market Today: Stocks Higher on Fed Rate ‘Pivot’ Hopes; China Slumps As Xi Consolidates Power
Slower growth prospects, and hints of a Fed ‘pivot’ on interest rate hikes, has bond yields moving sharply lower and stocks extending gains Monday.
BOJ, BoJo, Beijing and Bond Bounce
The reports triggered a recoil in U.S. bond yields from their highest levels in over a decade, while futures pricing for a peak Fed ‘terminal rate’ of more than 5% next year fell back by…
China’s Share Of Global Economy Set To Stall- New Research
Over the last half century the Chinese economy has transformed from a beleaguered struggling emerging market into a global power house, with high growth year after year after year, sometimes …
China Stock Markets Down Following Xi Jinping’s Power Play
China’s stock market dropped on Monday after Xi Jinping was confirmed as the country’s leader for a third consecutive five-year term, breaking with the Communist Party’s traditional two-term limit. As …
Fire Sale! China’s “Warren Buffett” Races To Sell Assets
The debt crisis that roiled China’s real estate market has spread to one of the country’s largest conglomerates. Fosun, owner of an English Premier league soccer team, Portugal’s largest bank and Club …
Beijing Pulling Back? China’s Loans to Kenya Drop for First Time in 15 Years, Treasury Data Shows
National Treasury report indicated that Kenya’s borrowing from China reduced significantly from KSh 7.05 billion recorded in 2021 to KSh 6.83 billion in 2022.
Xi Jinping’s Power Grab Spooks China Investors
The concern is that President Xi now has unfettered power to pass policies that are not friendly to the market,” says Justin Tang of United First Partners.
China waits till congress’s end to release key economic data
China unexpectedly released delayed economic data Monday, a day after the conclusion of a key Communist Party congress, showing weak growth and prompting markets to plunge. Last week, China’s …
China Appoints Three Policy Bank Executives After Party Congress
China has named Xu Shouben and Wang Weidong as vice presidents of China Development Bank (CDB), the nation’s biggest policy lender, according to statements released by China’s banking regulator on …
