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BEIJING : Chinese Premier Li Qiang went to the World Economic Forum in Davos last week with a mission to present a positive image of the economy and schmooze financial elites: "Investing in the Chinese market is not a risk, but an opportunity."The message fell flat.As soon as Chinese markets reopen
From hope to hesitancy and now total capitulation, global investors in China are heading for the exits in the world's second-biggest economy and sending its stock market crashing. Stock markets in Hong Kong and Shanghai tumbled on Monday -- the Shanghai index marking its worst day since April 2022 -- as investors retreated from what was a 'must have' country in global portfolios just a year ago. The selling seemed to subside on Tuesday as Chinese Premier Li Qiang chaired a cabinet meeting and Bloomberg News reported authorities were considering a package of measures to stabili...
Exchange-traded funds that target Chinese equites were surging on Tuesday as Beijing reportedly weighs a support package for its struggling stock market.
SHANGHAI/NEW YORK :From hope to hesitancy and now total capitulation, global investors in China are heading for the exits in the world's second-biggest economy and sending its stock market crashing.Stock markets in Hong Kong and Shanghai tumbled on Monday - the Shanghai index [.SS] marking its worst day since
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