Chinese stocks are on a roller coaster with no end in sight Fintech Zoom World Finance


Source: fintechzoom.com fintechzoom.com

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New York Fintech Zoom Business — US-listed Russian stocks have been in freefall following the invasion of Ukraine — but it’s not the only nation whose stocks are getting whipsawed. Shares of major Chinese firms have been up and down in 2022. There’s plenty weighing on sentiment: worries about leading Chinese companies possibly getting delisted in the United States, Beijing’s crackdowns on big Chinese tech firms, criticism over China’s “no limits” relationship with Russia and a resurgence of Covid cases in China. The iShares MSCI China ETF (MCHI), which has big investments in top Chinese companies such as Tencent (TCEHY),...