Chinese stocks enter bear market as trade war heats up
The benchmark Shanghai Composite slid into bear market territory on Tuesday, closing more than 20% below its recent high in January. The index fell 0.5% on the day.
Read? Chinese stocks enter bear market as trade war heats up
Which stock market will follow soon?
This kind of geopolitics shocks good opportunity to pick up blue chips. 😉
ReplyDeleteFundamentally their economy still ok. Got bad debts in some companies, but govt has plenty of money to support those too big to fail.
During 2015 China markets dropped 40%. And Singapore dropped 20%. Let's see how much they drop this time.
Other markets, I doubt will drop more than 15-20%.