Since late last week, Shanghai stocks have been on a bit of a losing streak. Monday's...
The roller coaster that is the Chinese stock market seems to be back in full force.
Stocks in Shanghai had been in a period of relative calm so far this year, but a relatively precipitous drop of 2.7 percent this month has refocused attention on the markets.
This year, investors have been buoyed by stronger economic data — first quarter GDP growth came in at 6.9 percent, which was better than expected. Specific sectors like property and construction also got a boost after Beijing announced the creation of a new special economic zone, dubbed Xiongan New Area, in Hebei province. But, as the saying goes, what goes up must come down.
China Daily | Reuters
Investors chat as they sit in front of computer screens showing stock information at a brokerage house in Qingdao, China, September 7, 2015.
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