![]() ![]() ![]() "This will weigh heavily on the outlook for profits, valuations and investor sentiment in China." "Investors have been jolted," said Paul O'Connor, head of multi-asset at Janus Henderson. Many analysts are convinced things will settle, but only the Beijing ruling elite know if and when that might be. It could spring back of course, but there's the rub. read moreįor big firms that also list on markets like Wall Street because it brings in international investment, 2021 is already the worst year since the global financial crisis. Close to $1 trillion in market value has been wiped off China Inc since February. LONDON, Aug 16 (Reuters) - Any veteran investor will tell you that financial markets overshoot when trouble hits, but what if that market is the world's second-largest economy and the government has decided the rules of the game have changed?Ĭhina's months-long regulatory crackdown has included big names in e-commerce, the gig economy, exam cramming and most recently online insurance. ![]()
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