Morgan Stanley sees China stocks falling another 10-15% before bottom
Morgan Stanley warns Chinese onshore and offshore equities could lose a further 10 to 15% before stabilizing, after the CSI 300 slid into a bear market last week.
Risk warning
CFDs are complex instruments. 74–89% of retail investor accounts lose money when trading CFDs.
Tag CSI 300
China’s CSI 300 slides into bear market, down 20% from June top
China's CSI 300 benchmark has shed 20% since its June high, tipping into bear-market territory on Thursday after ten consecutive weekly losses. The gauge, covering the biggest Shanghai- and Shenzhen-listed firms, slipped over 1% that day and nearly 3% on the week.