ETF investors woke Monday to an ugly sense of deja vu as Chinese equities sold off aggressively for the second time in as many months. The benchmark Shanghai composite index plunged nearly 8.5% -- its largest one-day loss since 2007 -- on renewed concerns about government policy and industrial growth in China's state-managed economy. The Hang Seng index of Hong Kong-listed stocks closed about 3% lower. Market Vectors ChinaAMC SME-ChiNext (CNXT)
Monday 27 July 2015
China ETFs Sink Again; 3 Sector ETFs' Earnings Stakes
Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
ETF investors woke Monday to an ugly sense of deja vu as Chinese equities sold off aggressively for the second time in as many months. The benchmark Shanghai composite index plunged nearly 8.5% -- its largest one-day loss since 2007 -- on renewed concerns about government policy and industrial growth in China's state-managed economy. The Hang Seng index of Hong Kong-listed stocks closed about 3% lower. Market Vectors ChinaAMC SME-ChiNext (CNXT)
ETF investors woke Monday to an ugly sense of deja vu as Chinese equities sold off aggressively for the second time in as many months. The benchmark Shanghai composite index plunged nearly 8.5% -- its largest one-day loss since 2007 -- on renewed concerns about government policy and industrial growth in China's state-managed economy. The Hang Seng index of Hong Kong-listed stocks closed about 3% lower. Market Vectors ChinaAMC SME-ChiNext (CNXT)
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment