You are viewing:-
you're reading...
1.Market Observations, 8.Was Sticky

2 July 2018 (AFR) – China contagion risk seen as low despite sell-off

(2 July 2018, AFR, p21, by Timothy Moore)

‘Chinese markets are in flux, rekindling worries about the global sell-off they triggered in 2015-16 and leading strategists to warn that further losses will increase the risk of contagion spreading through regional equity markets in the absence of ongoing and largely effective intervention by the “national team”. Sharp drops last week pushed two key Shanghai stock indices – the Shanghai Shenzhen CSI 300 and the Shanghai Composite – into bear markets from their January peaks; Hong Kong’s Hang Seng index is now down 13 per cent from its January high.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

Advertisements

About robertbrain

Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s

Advertisements
%d bloggers like this: