Multiple factors, Chinese -funded stocks listed in the United States have wiped out all this year.
According to Bloomberg, the Nasdaq's Golden Dragon China Index once fell 4.1%on Wednesday (March 15), down to the lowest level since December last year.The index fell about 20%compared with the high point of this year on January 26.Technology stocks such as Alibaba, JD, and Baidu are all in the top of the list.
Following the closure of several US regional banks, the crisis broke out on Wednesday, which caused a wave of risk aversion.In recent weeks, China -funded shares have lost their momentum in the United States, mainly due to the performance of a series of companies, and during the two sessions last week, the Chinese government has not announced major incentive policies.
As the Chinese government sets the target of this year's economic growth to 5%, lower than the expectations of economists, it shows that the government may avoid implementing a large -scale stimulus plan. Investors have begun to adjust the Chinese economy to re -re -re -economic Chinese economy.Expectation after opening.
Bloomberg reports that people's attention has returned to some long -term problems, such as the tension between Beijing and Washington and the control of private enterprises by the Chinese government.
Although the Golden Dragon Index has fallen by about 1%so far this year, it still increases by nearly 50%from the years in October.
