Chinese Markets Are Opening Up. Some Investors Are Skeptical - News Summed Up

Chinese Markets Are Opening Up. Some Investors Are Skeptical


Asian markets were broadly lower Tuesday. Tech stocks struggled throughout the region, with tech-heavy indexes in South Korea and Taiwan dropping by 0.6% and 0.5%, respectively. Hong Kong’s Hang Seng index fell 0.9% by midday, with index heavyweight and internet giant Tencent Holdings Ltd. down 2.4%. Crude oil prices hovered around 3½-year highs and the 10-year Treasury yield eclipsed the closely watched 3% level. Tuesday’s big theme: China’s markets are opening up to foreign investors.


Source: Wall Street Journal May 15, 2018 05:15 UTC



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