News

3Novices:The world’s worst stocks are in China, with no end to misery seen

As global stocks rally to new records, one part of China’s equity market is heading in the opposite direction.
The ChiNext index of small-cap shares plummeted 5.1 per cent on Monday, its biggest loss in seven months, and extending its retreat this year to 16 per cent. That’s worse than any of the 96 global benchmarks tracked by Bloomberg, and compares with a 10 per cent advance by the MSCI World Small Cap Index.
Concern about rising funding costs, corporate governance issues,…
July 18, 2017 at 11:49AM http://ift.tt/2u3W4mv
#3Novices #News #OnlineMedia #China 3Novices China

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