China Stocks Routed: ‘Investors Are Spooked’

Ok, things are going south in Chinese equities again. Small-caps and start-ups lead declines on Thursday and this is shaping up to be the worst week for mainland shares since 2016. Have a look at this: Panning out, you can see that things are starting to particularly look dicey for the ChiNext and the Shenzhen: There are all manner of possible contributing factors here including liquidity, selling ahead of the Lunar New Year, and lackluster earnings. Notably, the PBoC has skipped OMOs f
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One thought on “China Stocks Routed: ‘Investors Are Spooked’

  1. A cynical man may look at the rapid strengthening of the Yuan versus the Dollar in the last month and say that Chinese authorities permitted the Yuan strengthening as an attempt to diffuse the mounting US/China tensions surrounding tit-for-tat trade sanctions. They cynic would know that staunching capital outflows was an additional benefit, but he may not believe it to be the primary cause of the move.

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