(Bloomberg) — One of the only shelters from the volatility convulsing global equities is looking increasingly vulnerable.China’s stock market has largely resisted the vertiginous moves that have whipsawed shares from New York to Milan, partly due to a series of preemptive measures from the central bank that flooded the market with liquidity. The country is home to the only stock market among the world’s 20 largest that’s yet to slip into bear territory.But on Monday, a 3.4% drop in the Shanghai Composite Index pushed a measure of 50-day swings to an almost four year high, while a widely-watched technical indicator …read more
Source:: Yahoo Finance
