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Tuesday, July 27, 2021

Chinese Stocks Were Crushed Again. The Pain Is Spreading. - Barron's

It’s getting ugly for Chinese tech stocks. Beijing’s relentless crackdown shows no signs of abating, as some of the country’s biggest technology names were crushed on another bruising day for investors on Tuesday.

Hong Kong’s Hang Seng Index tumbled more than 4% for a second day running, as the selloff intensified late in the day. That’s a worse two-day slump than anything it has suffered during the pandemic.

There...

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Chinese Stocks Were Crushed Again. The Pain Is Spreading. - Barron's
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Regional Bank Stocks Fall After New York Community Bancorp Cuts Dividend, Posts Loss - The Wall Street Journal

[unable to retrieve full-text content] Regional Bank Stocks Fall After New York Community Bancorp Cuts Dividend, Posts Loss    The Wall St...