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US Funds Not Bailing On China Yet Amid Free-fall In Stocks
As the Chinese stock market free-fall shows no signs of stopping, some U.S.-based fund managers said the government's effort to prop up stock values is having the opposite effect, even as some buy at what they consider panic-driven prices. In response, Beijing has cut interest rates and stopped the trading of thousands of stocks, preventing some shareholders from selling their positions in hopes ... Read News
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Before markets open on Wednesday, here is what you need to know. Chinese stocks are in free fall. The Shanghai Composite crashed 5.9% . Wednesday's loss has Chinese stocks down a tremendous 32% from the June 12 high. Off the mainland, Hong Kong's Hang Seng tumbled 5.8%. Lots of Chinese stocks were suspended from trading. About half of all share listings in Shanghai and Shenzhen were frozen ... Read News
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What To Expect From Goldman Sachs, Morgan Stanley Earnings
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