12-11-2024, 08:32 PM
Expected? More to come?
Quote: Trump’s potential cabinet picks hurt investor sentiment
HSCEI gauge falls more than 3% in its worst day in a month
Chinese Stocks, Yuan Fall on Trump Plans, Stimulus Letdown
By Bloomberg News
November 12, 2024 at 2:10 PM GMT+8
Updated on November 12, 2024 at 4:29 PM GMT+8
Chinese stocks and the yuan slumped as fears of worsening Sino-American tensions further undermined investor confidence after a slew of disappointing economic developments.
The Hang Seng China Enterprises Index tumbled 3.1% to cap its biggest one-day loss in nearly a month. The onshore benchmark CSI 300 Index slid 1.1%. The offshore yuan fell as much as 0.4% to 7.2534 per dollar, the weakest in more than three months.
https://www.bloomberg.com/news/articles/...-sentiment
Omi.. Thank you for bumping up the message.