Tuesday, April 21, 2026

BlackRock abandons bullish China call after nation’s stocks tumble 28%

May 10, 2022 7:44 AM

NEW YORK (BLOOMBERG) – BlackRock jettisoned its bullish stance on China as Covid-19 lockdowns jeopardize the nation’s economic growth, triggering a steep drop in local stock prices.

Source : https://www.straitstimes.com/business/companies-markets/blackrock-abandons-bullish-china-call-after-nations-stocks-tumble-28

spot_img

Latest Articles