Similar Stories to Asia Markets: China Stocks Snap Winning Streak Amid Growth, Yuan Concerns on Bing News

Chinese stocks break a five-day winning streak, as Hong Kong and Shanghai markets both pull back amid concerns fueled by a drop in the profit growth at major Chinese industrial companies and a previous sharp fall for China’s yuan.

Topics:  hong kong   shanghai   chinese   china s   markets   stocks   growth   yuan   concerns   winning streak   
BING NEWS:
  • Chinese Stocks See Longest Foreign-Buying Streak in a Year
    Foreign funds boosted holdings of Chinese shares for the third straight month, with positive policy tone from the Politburo meeting expected to bolster sentiment after the Labor Day holiday.
    04/30/2024 - 1:00 pm | View Link
  • Sliding yen stirs fear of China yuan devaluation that could rock global markets
    Speculation about a potential devaluation of the Chinese yuan is intensifying as the Japanese yen falls to its weakest level against the U.S. dollar in decades.
    04/30/2024 - 3:34 am | View Link
  • Alibaba Stock Celebrated the Longest Winning Streak Since 2018. Why It’s Ending Now.
    Alibaba stock has been in the doldrums since late 2020 despite repeated calls for a rebound. after a crackdown on the tech sector by Chinese regulators through much of 2021 and 2022 which wreaked ...
    04/30/2024 - 1:39 am | View Link
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