China Stock Market May Erase Tuesday's Losses
The China stock market has alternated between positive and negative finishes through the last six trading days since the end of four-day losing streak in which it had slumped more than 70 points or 2.
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The China stock market has alternated between positive and negative finishes through the last six trading days since the end of four-day losing streak in which it had slumped more than 70 points or 2.
The China stock market has moved lower in four straight sessions, slumping more than 70 points or 2.4 percent along the way. The Shanghai Composite Index now sits just above the 2,930-point plateau although it may halt its slide on Tuesday.
The China stock market has moved lower in three straight sessions, slumping more than 60 points or 2 percent along the way. The Shanghai Composite Index now sits just above the 2,940-point plateau although it may stop the bleeding on Monday.
The dismal performance of China’s mutual fund sector reflects the underlying problems in the economy: shrinking manufacturing, slumps in consumer and producer prices, and a property-market crisis.
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