systemic risks

Chinese Markets Will Continue To See ‘Relentless Selling’; ‘Profound Impact’ To Economy Likely: BofA

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 →