Beijing’s Didi Blast Shakes $2tn of China Stocks in US (Nikkei Asia)
Beijing’s clampdown on overseas listings is having major repercussions on Wall Street, with U.S.-listed Chinese stocks trading at their biggest discount to general U.S. stocks since at least September 2016.
However, global investors are still backing Chinese bonds and companies in the fields of renewable energy and electric vehicles that promote sustainability, suggesting that a true decoupling is a long way off, according to some analysts. READ MORE (GOOGLE CACHE)
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