Reported 19 days ago
Chinese stocks and the yuan experienced significant declines as Donald Trump’s victory over Kamala Harris in the U.S. presidential race raised concerns about increased trade tensions. The CSI 300 Index fell 0.5%, with Hong Kong's Hang Seng Index dropping by 2.3%. Investors are wary of Trump's potential tariffs and policies that could hinder China’s economic recovery, especially in technology and export sectors, prompting a cautious stance among foreign investors.
Source: YAHOO