Chinese shares deserve more room to run, says petesweeneypro:
Uber’s Indian takeout will feed future rivals Context News China’s benchmark CSI300 index dipped 0.8 percent in morning trading on Feb. 26 after having jumped 6 percent on Feb. 25 and about 24 percent year to date. Hong Kong’s Hang Seng index and the S&P 500 have both gained about 11 percent since the start of 2019. Mainland shares rose sharply on Feb. 25 after U.S.
The China Securities Regulatory Commission on Feb. 25 urged securities firms to review how suitable trades are for their clients and to better monitor abnormal trades. In a statement on its website, it warned investors about risks and urged them to be rational. Xi on Nov. 4 announced plans to create a new technology board on the Shanghai Stock Exchange that would operate under fewer restrictions than other exchanges.
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