China Stock Market May Extend Friday's Losses
(RTTNews) - The China stock market on Friday ended the three-day winning streak in which it had jumped more than 75 points or 1.9 percent. The Shanghai Composite Index now sits just above the 3,950-point plateau and the losses may accelerate on Monday.
(RTTNews) - The China stock market on Friday ended the three-day winning streak in which it had jumped more than 75 points or 1.9 percent. The Shanghai Composite Index now sits just above the 3,950-point plateau and the losses may accelerate on Monday.
BELLINGS Intelligence Score: 10
Why it matters
The report of a potential extension of losses in the China stock market is routine market commentary without evidence of material impact on credit markets or systemic risk.