Chinese Stocks Sag as Beijing Seems Set to Impose Anti-Speculation Measures
Stocks fall in China as regulators plan to curb leveraged trades
Highlights
Stocks fall in China as regulators plan to curb leveraged trades
Aerospace & Defense is emerging as the new high-tech growth sector
From car prices to rents, deflationary signals are mounting
Nonfarm payrolls are set to reveal job losses in factories and construction
Key Takeaways
Chinese Stocks Fall as Regulators Weigh on the Rally: There is nothing terribly exciting to report about in the overnight trade except for the -1.2% pullback in China’s Shanghai Composite. This was in response to news out of Beijing that regulators are getting set to unveil measures to curb “speculative” pressures after the August surge that triggered more than $1 trillion of capital gains on the back of a massive +14% run-up in margin debt (including the removal of short-selling caps).
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