Is This Why China’s Stock Market Is Up So Much In 2019?

  • 📰 Forbes
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 53%

United States News News

United States United States Latest News,United States United States Headlines

Here's how Chinese companies receiving subsidies this year have done in the stock market. Hint: pretty darn good!

Share to linkedin... [+]China’s mainland equity market is up over 33% this year, making it one of the best-performing stock markets in the world. Despite rumors of tariff escalation, a trade war, sanctions against publicly Chinese tech companies like Hikvision and slower economic growth, China’s A-shares are on a tear. Is Beijing rigging Shanghai and Shenzhen’s stock market?

There are a number or reasons for China gains—global investor’s love for tech companies, and China’s relatively cheap value compared to the rest of the emerging market space. Highlighting these two large caps, it seems China is misallocating some capital. SNP is down 16.3% this year and 23.4% over the last 12 months. By comparison, the U.S. energy sector, as measured by the SPDR Energy Select , is up around 5.4%. Brazil oil firm Petrobras is up 12.5%. Russia’s LukOil is up 40.3%.

Shares in state-owned consumer electronics company TCL Corp are up 81.2% this year and 83.5% over the last 12 months. The U.S. will make corporate subsidies a part of the phase two trade negotiations, which are supposed to begin after the phase one deal is signed in January.

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:

 /  🏆 394. in US
 

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

still like the ox pic happy lunar k-new y-ear. funk and Wagnall folklore mythology and legend .Biedermans dictionary of symbols also has nice write on the ox.

Least you appear myopic and irrelevant, try applying your same scrutiny and metrics to Trump's Borrow & Spend, Deficit-Driven, Buyback Enhanced, Outsized Corporate Tax Cuts, Corporate Welfare, Interest Rate Slasher-Film, and even (Recession go to) QUANTITATIVE EASING e-CON-omy!

China is up the same as the S&P. Corporate subsidies are the same as a tax cut. China was cheap to start with. The question is not why China is up so much, but why is the US, as it was expensive to start with

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Is This Why China’s Stock Market Is Up So Much In 2019?China’s mainland equity market is up over 33% this year, making it one of the best performing stock markets in the world Where is your face?
Source: Forbes - 🏆 394. / 53 Read more »

The House Impeached Trump, and the Stock Market Did Not Crash. Sad!The impeachment-related stock market crash that the president repeatedly warned about has not materialized now that he has actually been impeached the Democrats did such a laughable job of it, the stock market went UP TrumpIsAJackass Trump is not bigger than America's stock market. That's his illusion only.
Source: NYMag - 🏆 111. / 63 Read more »

Here's why the stock market is ignoring Trump's impeachment by the HouseStocks rallied the day after Trump became the 3rd president in the U.S. history to be impeached. Here’s what five Wall Street experts say to expect now. Wall Street shrugged off President Trump's impeachment. So did most Americans.
Source: CNBC - 🏆 12. / 72 Read more »