Raging Chinese stocks revive memories of 2015 crash

  • 📰 Reuters
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

As Chinese shares power on to new highs, investors are reminded of the distressing 2015 market crash and yet many are drawing comfort from a tacit government endorsement of the rally and a more resilient economy this time

Refinitiv data showed Chinese firms are set to see a net income profit growth of 6% this year, compared with an average 20% decline in global companies’ earnings.

“Lower margin financing balance and account openings give us the comfort that the chances of the episode we saw in mid-2015 are going to be low,” he said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I have not seen a single article by Reuters on current Nasdaq bubble and how reminded US investors are of the 09 crash and 99 crash.. Well thats what happen when you get India based employees to cover overseas markets. Its just a gaslighting campaign

Chinese invented Chinese Virus and injected to world economy. It's CCP's new economic policy.

I love market crashes. Everyone’s doing stupid stuff while smart people buy stocks js

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in BUSİNESS

Business Business Latest News, Business Business Headlines