Asian shares and the Chinese yuan were off to a cautious start on Monday as inve...
The delisting of Chinese companies from U.S. stock exchanges was part of a broader effort to limit U.S. investment in Chinese companies, two sources briefed on the matter told Reuters.
“Washington seems to be trying to limit Chinese companies’ activities by putting pressure on their funding,” he said. “At this point, markets will have to wait and see. Of course we need to be guarded against more crazy headlines, but this week could be a bit calmer given holidays in China. Economic data will likely be the main driver for markets,” said Kyosuke Suzuki, director of forex at Societe Generale.
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