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CHINA: Volatility Increasing As China Kicks Off Briefing

CHINA
EM BulletAPACChinaEmerging Market NewsBulletGlobalFixed Income BulletsForeign Exchange BulletsRegionMarkets

China kicks of briefing on "Stepping up support for Firms", speakers include Luo Wen, Minister of the State Administration for Market Regulation, Wang Jiangping, Vice Minister of Industry and Information Technology, Hu Weilie, Vice Minister of Justice & Cong Lin, Vice Minister of the National Financial Regulatory Administration, as per BBG.

  • Tech stocks dropping with Alibaba, New Oriental Education, JD.com leading the declines, the HSTech Index is 4.45% lower
  • The HSI is down 2.50%, Property & Banks the top performing sectors, although property stocks have given back all of the sessions gains so far with the Mainland Property Index little changed, while the Mainland Banking Index trades 1.80% higher.
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China kicks of briefing on "Stepping up support for Firms", speakers include Luo Wen, Minister of the State Administration for Market Regulation, Wang Jiangping, Vice Minister of Industry and Information Technology, Hu Weilie, Vice Minister of Justice & Cong Lin, Vice Minister of the National Financial Regulatory Administration, as per BBG.

  • Tech stocks dropping with Alibaba, New Oriental Education, JD.com leading the declines, the HSTech Index is 4.45% lower
  • The HSI is down 2.50%, Property & Banks the top performing sectors, although property stocks have given back all of the sessions gains so far with the Mainland Property Index little changed, while the Mainland Banking Index trades 1.80% higher.