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Tuesday, 26 June 2018

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?

Posted by Createwealth8888 at 21:40
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1 comment:

  1. Unknown26 June 2018 at 22:22:00 GMT+8

    This kind of geopolitics shocks good opportunity to pick up blue chips. 😉

    Fundamentally 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%.

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