Ya’ know - I am seeing contradictory articles — what have Chinese stocks done since DT announced the 25% tariffs would go into effect?
Shanghai exchange today:
*ACH! Guess you’ll have to click on “1 day” )
Changes aren’t as dramatic as the scale makes it look, but still impressive.
Believe they close for the weekend tomorrow.
“what have Chinese stocks done since DT announced the 25% tariffs would go into effect?”
The first day (Monday) vaporized about a half trillion dollars worth of market value for them, but hope for a deal had been rising (the Government uses many methods to influence thing and sentiment, including covertly buying or selling, to manipulate others in the market).
I don’t watch the hour to hour Intra-day swings - I’ll wait for the close. I expect their markets to drop much more than ours, percentage wise. Because no kidding, this is much worse for their real economy, and for the companies listed on their exchanges.