By Nafis Alam More turbulence on the Chinese stock market highlights just some of the challenges facing the world’s second-largest economy. Following losses of US$3 trillion in the three weeks from mid-June, the Shanghai Composite has since recorded its biggest one-day fall for more than eight years. It’s clear that regulatory reform is needed in the … Continue reading
A quest by Chinese authorities’ to curb a market selloff seen since mid-June took a major hit on Monday as the Shanghai Composite Index and Shenzhen CSI 300 Index plunged 8.5 percent, which was the worst daily loss since February 2007. But the losses could get worse. Chinese stock markets will continue to see ‘relentless selling’ which is likely … Continue reading