HANG SENG INDEX (^HSI)
- Bloomberg
Casinos and Evergrande Crisis Renew Worries Over China Stocks
(Bloomberg) -- Chinese stocks suffered their worst week in a month as Beijing’s move to tighten the screws on Macau casinos and fears of a potential collapse of China Evergrande Group underscored the risks of investing in the nation’s equities market.A soft rebound on Friday was small consolation for investors, with Hong Kong’s Hang Seng Index and the mainland’s CSI 300 gauge still ending the week down more than 3% each. The HSI is trading near the lowest level in almost a year and few more down
- FX Empire
World shares fall as markets await Fed meeting, taper timeline
NEW YORK (Reuters) – World shares fell on Friday, pressured by concerns over China’s markets, the potential for a U.S. corporate tax hike and an update on the U.S. Federal Reserve’s tapering strategy next week.
- Yahoo Finance Video
Uncertainty around taxes could cause stocks to pullback this month, strategist warns
Anastasia Amoroso, iCapital Network Chief Investment Strategist, joins Yahoo Finance Live to share why she sees a potential pullback from the stock market in September, what’s next for the crypto market and chats regulatory risks in China.
