The Chinese stock market dropped further on Monday, taking the decline from recent record highs to 12 per cent, on concerns that equities in Shanghai and Shenzhen are overvalued and vulnerable to rising US bond yields after an extended rally fuelled by China’s economic recovery from the pandemic.
中國股市周一進一步下跌,較近期觸及的創紀錄高點已下跌了12%,原因是投資者擔心,在中國經濟從疫情中復蘇推動股市持續反彈一段時間后,滬深兩地股票的估值已經過高,而且容易受到美債收益率上升的影響。
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