China’s Speculative Stock Frenzy Spreads to Brokers and Media
Frenzied trading in stocks of China’s state-owned enterprises fizzled Tuesday afternoon as sentiment soured on the nation’s weak import data. An index tracking some of China’s largest state-owned enterprises erased a gain of as much as 1.5% to finish the day 0.9% lower. The broader CSI 300 Index dropped by a similar amount. Brokerage stocks…
