Asian Stocks Hit the Longest Decline in 16 Years

Bloomberg News reported that Asian stocks faced the longest decline in 16 years. MSCI’s Asia Pacific Index fell for the 10th consecutive day on Wednesday, the first time since 2002; the index measures 14 major players in the Asia Pacific region.

The performance of large-cap stocks in the national stock market has recently fallen by nearly 5%, which has caused its market value to have evaporated by nearly 700 billion US dollars this year (about 21.6 trillion US dollars). Investors’ concerns include at least trade wars, strong US dollar, emerging markets and turbulent stocks. And China’s growth slowdown and other four factors.

Asian stocks generally fell on Wednesday. Japan’s East China Index fell 0.5%, and South Korea and Taiwan’s stock markets also closed. Hong Kong’s Hang Seng Index fell 20% from its high point this year and fell into a bear market (short market). China’s Shanghai Composite Index closed down to its lowest point in 2014 at 2656.11 points. This highlights investors’ continued selling of Chinese and Hong Kong stocks to the Chinese government. Calls to boost market sentiment are not bought.

Beijing borrowed a speech from the Chinese Academy of Social Sciences on the 11th “Blue Book of Listed Companies“, saying that the valuation of A shares has dropped to a historically low level, and the stable operation of listed companies and the value of investment have emerged.

Nader Naeimi, head of dynamic market for security capital investment (AMP), said, “Asian stocks have been caught between trade tensions, dollar appreciation and the turmoil in emerging markets. The weak performance of the Chinese market is certainly fueling.”

Ken Peng, an investment strategist at Citi Private Bank, said that a series of events from Turkey and Argentina have spread to economies that are more vulnerable to external shocks, such as Indonesia and the Philippines; both Southeast Asian countries have “double deficits” (both current accounts and fiscal deficits). ), relatively high and rising inflation rates, and foreign exchange reserves are declining.”

Michael McCarthy, chief market strategist at CMC Markets in Sydney, pointed out that investors’ “clear concerns” in the short term are trade tensions. It is unlikely that signs of tension will be eliminated in the current environment. People are worried about the US’s additional 200 billion US dollars in products. With the addition of tariffs, the US mid-term reelection on November 6 became the key, and trade tensions may subsequently dissipate.

Morgan Stanley manager Jonathan Garner pointed out that we maintain a bearish stance on Asian stocks and emerging stock markets, and we expect to further reduce the profit estimates of consensus views in the coming months on the grounds that “China’s growth slows down and becomes credit.” The consequences of austerity, and the demand for cars and technology hardware will decline.

In addition, Paul Spring, the investment chief of Eastspring, believes that the Asian stock market is mainly due to the continued strength of the US dollar against emerging currencies. He expects that funds will continue to flow out of emerging markets after the Fed continues to raise interest rates.

35 Comments

  • permainan kartu remi Reply

    28 January 2021 at 05:44

    Good post. I learn something new and challenging on websites I stumbleupon everyday. It’s always exciting to read permainan dadu casino content from other authors and use something from other sites.

  • kriteria situs judi terpercaya Reply

    08 February 2021 at 05:02

    Spot on with this write-up, I truly believe this web site needs far more attention. judi poker jaman sekarang I’ll probably be back again to see more, thanks for the information!

  • visit us Reply

    08 February 2021 at 12:47

    This is a really good site post, I’m delighted I came across it. I’ll be back down the track to check out other posts that

  • continue reading Reply

    08 February 2021 at 19:39

    I agree with your opinion. From now on I will always support you.

  • ownanonlinecasino.net Reply

    09 February 2021 at 13:05

    This is a really good site post, I’m delighted I came across it. I’ll be back down the track to check out other posts that

  • continue reading Reply

    11 February 2021 at 05:16

    I like what you guys are up too. Such intelligent work and reporting! Carry on the excellent works guys I have incorporated you guys to my blogroll. I think it will improve the value of my web site 🙂

  • visit this site Reply

    12 February 2021 at 00:51

    I am always browsing online for articles that can assist me. Thanks!

  • https://win2kgames.com Reply

    12 February 2021 at 11:38

    Hello.This article was extremely fascinating, especially since I was browsing for thoughts on this issue last Sunday.

  • Israel dedicated server Reply

    13 February 2021 at 03:42

    Hey are using WordPress for your blog platform? I’m
    new to the blog world but I’m trying to get started and set up my own. Do you require any html coding knowledge to make your
    own blog? Any help would be greatly appreciated!

    My web site … Israel dedicated server

  • best cbd oil Reply

    16 February 2021 at 06:32

    I visited multiple web sites except the audio quality for audio songs present at this
    site is genuinely excellent.

    Feel free to surf to my web blog: best cbd oil

  • check this out Reply

    16 February 2021 at 18:16

    whoah this blog is excellent i love reading your posts. Keep up the great work! You know, many people are hunting around for this information, you can help them greatly.

  • best cbd for dogs Reply

    16 February 2021 at 23:56

    Awesome post.

    My webpage … best cbd for dogs

  • best cbd gummies Reply

    17 February 2021 at 08:33

    Hi i am kavin, its my first time to commenting anyplace, when i read
    this piece of writing i thought i could also make comment due to this
    sensible paragraph.

    Look at my blog post … best cbd gummies

  • VTC LILLE ZAVENTEM Reply

    20 February 2021 at 23:21

    Asking questions are actually nice thing if you are not understanding anything completely, but this post provides
    good understanding even.

    Look at my website VTC LILLE ZAVENTEM

  • taxi Armentieres Reply

    21 February 2021 at 03:25

    Hi there very nice web site!! Guy .. Beautiful ..

    Wonderful .. I’ll bookmark your web site and take the feeds also?
    I’m glad to seek out a lot of useful info right here within the
    put up, we need develop extra techniques in this regard, thanks for sharing.
    . . . . .

    Feel free to surf to my web page; taxi Armentieres

  • detail obyek Reply

    21 February 2021 at 10:05

    May I just say what a comfort to find someone that genuinely knows panduan menang main ceme This web site is one thing that is needed on the internet, someone with a little originality!

  • blink desktop app for mac Reply

    21 February 2021 at 19:04

    Awesome! Its genuinely awesome post, I have
    got much clear idea on the topic of from this paragraph.

    Here is my page … blink desktop app for mac

  • cbd oil for sale Reply

    22 February 2021 at 23:12

    Excellent, what a blog it is! This website provides useful information to us,
    keep it up.

    My web page cbd oil for sale

  • free tiktok followers without verification Reply

    26 February 2021 at 03:05

    This info is priceless. How can I find out more?

    Stop by my webpage … free tiktok followers without verification

  • vreyrolinomit Reply

    26 February 2021 at 21:38

    I have been exploring for a bit for any high quality articles or blog posts on this sort of area . Exploring in Yahoo I at last stumbled upon this website. Reading this info So i’m happy to convey that I have a very good uncanny feeling I discovered just what I needed. I most certainly will make certain to do not forget this website and give it a look on a constant basis.

  • continue Reply

    28 February 2021 at 14:44

    Hello there! This is kind of off topic but I need some guidance from an established blog. Is it very difficult to set up your own blog? I’m not very techincal but I can figure things out pretty fast. I’m thinking about making my own but I’m not sure where to begin. Do you have any ideas or suggestions? Many thanks

  • RÉSERVATION CHAUFFEUR PRIVÉ LILLE Reply

    01 March 2021 at 18:12

    Fantastic site you have here but I was wondering if you knew of any discussion boards
    that cover the same topics talked about here? I’d really like
    to be a part of community where I can get opinions from other experienced individuals that share the same interest.
    If you have any recommendations, please let me know.
    Thank you!

    Check out my homepage … RÉSERVATION CHAUFFEUR PRIVÉ LILLE

  • goldengooseuomosneakers Reply

    02 March 2021 at 18:53

    I agree with your opinion. From now on I will always support you.

  • cbd for dogs Reply

    02 March 2021 at 19:21

    Its not my first time to visit this site, i am visiting this site
    dailly and obtain fastidious information from here all the time.

    Also visit my blog … cbd for dogs

  • check this out Reply

    03 March 2021 at 19:23

    Extraordinarily motivating suggestions you’ll have said, thank you for publishing.

  • click this Reply

    04 March 2021 at 05:18

    I am very interested when reading your article. Oh yes, I also made an article, please visit.

  • kpgaming.com Reply

    04 March 2021 at 09:07

    I agree with your opinion. From now on I will always support you.

  • click this Reply

    06 March 2021 at 15:14

    your writing really helped me I know what steps to take.

  • click that Reply

    07 March 2021 at 01:41

    I got what you intend, thanks for putting up. Woh I am glad to find this website through google

  • zortilo nrel Reply

    07 March 2021 at 20:40

    I real thankful to find this website on bing, just what I was searching for : D too bookmarked.

  • contact us Reply

    07 March 2021 at 23:44

    very easy to understand explanation. fits me perfectly. from now on I will be your fan

  • click that Reply

    08 March 2021 at 12:10

    very easy to understand explanation. fits me perfectly. from now on I will be your fan

  • check this Reply

    08 March 2021 at 23:47

    Your article makes perfect sense. Writing that is worth reading. oh yeah btw also visit my website. Thanks

  • Foster care Reply

    09 March 2021 at 17:16

    Hey are using WordPress for your blog platform? I’m new to the blog world but I’m trying to get started and set up my own. Do you require any coding expertise to make your own blog? Any help would be greatly appreciated!

  • lebih komplet Reply

    15 March 2021 at 23:19

    Can I simply say what a relief to discover someone who truly understands menang togel rumus matematika This website is something that is needed on the web, someone with some originality!

Leave a Reply to check this out Cancel reply