More than two weeks after a series of strenuous official efforts to arrest their decline, Chinese stock markets remain volatile.
On Monday, the index of Shanghai A-shares dropped 8.5 per cent to 3,903, ever closer to the government-determined floor of 3,500 and further from the perceived ceiling of 4,500.
The uncertainty about where the market will trade without the support of regulators and government, as well as a six-month ban on new listings, means that plans to take private numerous Chinese companies listed in the US and bring them back to the motherland markets are on hold.
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