Chinese Stocks Are Sending a Scary Signal About the Economy

As exporters feel the heat of the trade war, China’s powerful domestic-consumption engine was supposed to provide some protection for investors in the nation’s stocks. That’s not working out so well. A narrative that’s captured traders’ attention in recent weeks has been a “consumption downgrade” in the world’s second-biggest economy. With official data already showingRead More

Hayman Capital Management Founder & Chief Investment Officer Kyle Bass Speaks with CNBC’s David Faber Today-China related

Note: The University of Texas Investment Management Co. has created a set of guidelines compelling managers of its $31 billion in assets to divest from companies (esp. of China) with ties to entities sanctioned by the U.S. The following is the unofficial transcript of a CNBC EXCLUSIVE interview with Hayman Capital Management Founder & ChiefRead More

China’s stocks are plunging again — falling 3% to near 4-year lows as trade jitters return

Chinese stocks have fallen to their lowest level since November 2014 as market turmoil returns. At the close of play in China, the Shanghai Composite – the country’s benchmark index – fell by more than 2.9%. The sell-off doesn’t appear to have a single driver, with trade-war fears, slowing growth, and the impact of forcedRead More

JP Morgan downgrades China stocks, predicts ‘full-blown trade war’ with US

J.P. Morgan lowered its rating for Chinese equities to neutral from overweight, predicting the escalating trade conflict will affect China’s economy next year. “A full-blown trade war becomes our new base case scenario for 2019,” emerging market strategist Pedro Martins Junior says. J.P. Morgan is getting less optimistic about the trade conflict between the U.S.Read More

Here’s where investors have reaped nearly 50% stock gains so far this year

The MSCI China Index is roaring this year, up 49 percent. Yet it has a long history of booms and busts. It soared almost 150 percent from 2006 through 2007, then fell 51 percent in the 2008 crash, then recovered 68 percent in 2009–2010, only to fall 18.2 percent in 2011. Since then, it’s bounced aroundRead More

5 reasons stock-market investors may strike it rich in China

The drama in North Korea continues this week, with — what else! — a threat from our Tweeter in Chief. Soon after Donald Trump warned he would “totally destroy” North Korea in a divisive speech before the United Nations, he took to social media to warn the nation’s leaders would “not be around much longer”Read More

Asian shares gain as dollar claws back losses and China eases some yuan trading rules

Asian stocks rose on Monday as the dollar clawed back losses. Markets also digested headlines concerning developments out of the People’s Bank of China and European Central Bank announced at the weekend. The Nikkei 225 rallied 1.25 percent and South Korea’s benchmark Kospi index tacked on 0.99 percent as geopolitical tensions eased on the KoreanRead More

Hong Kong shares halt win streak on North Korea tensions

Hong Kong shares snapped a five-day winning stretch as risk appetite waned amid elevated tensions in the region after North Korea fired a missile over Japan. The Hang Seng Index fell 0.4% to 27,765.01. China Shenhua Energy lost 1.5%, giving up some recent gains, after Chinese authorities announced the combination of the coal miner’s parent group withRead More