Global Stock Managers on Guard as China Pain Set to Spread
Once the most promising bet of the year, investments linked to China have turned into a bane as its property market slump risks spiraling into a systemic crisis. While the selloff so far has been concentrated in Chinese shares, pressure is rising for stocks in Europe, the US and other parts of Asia, whose businesses are swayed by demand in China.
https://www.bloomberg.com/news/artic...rope#xj4y7vzkg
- Miners, luxury, industrials seen vulnerable to China slowdown
- Money managers seek to hedge China risks as slump deepens
Once the most promising bet of the year, investments linked to China have turned into a bane as its property market slump risks spiraling into a systemic crisis. While the selloff so far has been concentrated in Chinese shares, pressure is rising for stocks in Europe, the US and other parts of Asia, whose businesses are swayed by demand in China.
https://www.bloomberg.com/news/artic...rope#xj4y7vzkg
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