- An intensifying trade spat with the U.S. just led China to cede its four-year title as the world's second-largest stock market to Japan.
- After a Thursday slump, Chinese equities were valued at at US$6.09T, losing out to Japan's $6.17T, while the U.S. remains the world's largest with a market cap of $31T.
- The Shanghai Composite Index has lost more than 16% YTD to be among the world's worst performers, while the yuan has fallen 5.3% against the dollar.
- ETFs: FXI, DXJ, EWJ, KWEB, ASHR, FXY, YINN, CAF, YCS, EWH, CQQQ, YANG, MCHI, GXC, CYB, FXP, PGJ, CN, KBA, TAO, CHIQ, HAO-OLD, CHIX, TDF, QQQC, CNY, PEK, CHN, DFJ, DBJP, CWEB, CXSE, JYN, CHAU, XPP, CNXT, JOF, ASHS, AFTY, JPNL, DXJS, CHAD, FCA, YAO, YXI, HEWJ, JEQ, YCL, GCH, EWV, EZJ, SCJ, JPXN, FXCH, ECNS, CHIM, CHII, DXJR, CHIE, KFYP, DXJF, EWHS, JFC, FCHI, JPN, OBOR, ASHX, CNYA, JHDG, DXJH, FHK, HAHA, JPMV, XINA, FJP, CNHX, DXJT, HJPX, QJPN, DEWJ, DXJC, GSJY, KGRN, HFXJ, JPNH, DDJP, BBJP, DJPY, FLCH, FLHK, FLJH, FLJP, UJPY, WCHN
- Now read: CNY Less Down = What?
Original article