China’s Stock Market Is Bouncing Back. Don’t Take the Bait.

1 month ago 12

Updated October 23, 2021 / Original October 22, 2021

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China’s banal marketplace is bouncing backmost aft getting trounced for overmuch of the year. Don’t beryllium fooled into reasoning it’s clip to buy.

At archetypal glance, it looks similar it could beryllium a premier buying opportunity. The iShares MSCI China exchange-traded money (ticker: MCHI) has dropped much than 10% successful 2021 amid concerns astir the country’s tech crackdown, the implosion of existent property elephantine China Evergrande Group (3333.Hong Kong), and the slowing of its system amid attempts to hitch retired Covid-19. With the S&P 500 up much than 20% this...

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