China struggles continue; See what Seeking Alpha analysts say about BABA, BIDU, and others

Pressure remains on the Chinese stock market as China's CSI 300 Index (SHSZ300), which is made to match the performance of the top 300 stocks traded on the Shanghai Stock Exchange and the Shenzhen Stock Exchange continues to fall. Last week the major average plunged to a four-year trading low as Citic Securities Co. a state-owned firm halted the lending of stocks to certain market participants. Bespoke Investment Group highlighted that China’s share of the global market cap now hovers at roughly where it did 17 years ago. See the chart below that the financial institution provided. While the Chinese…