China belt and road stocks fall on Mideast war

Canada News News

China belt and road stocks fall on Mideast war
Canada Latest News,Canada Headlines
  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 63%

Explore stories from Atlantic Canada.

A Local Culinary Adventure: inspired by Halifax's Seaport Market | SaltWire #cooking #cookingtipsSHANGHAI/SINGAPORE - Conflict in the Middle East has cast a fresh cloud over China's battered stock market, driving down exposed stocks - especially those linked with infrastructure projects in the region - as investors peppered companies with queries on the fallout.

Infrastructure giants suffered the heaviest losses on worries that prolonged fighting would inflame regional tensions and put the brakes on projects planned as part of China's decade-old belt and road initiative , though some aerospace and defence stocks rose. "The silence is kind of negative to the market," said a mainland China-based strategist who declined to be identified due to the sensitivity of the topic.Chinese investors have flooded listed companies ranging from fertilizer producers and oil companies to drone makers with questions related to the war on Shanghai and Shenzhen stock exchanges' investor relations platforms.

Most other companies didn't respond to investors' queries on the platforms or said there was no impact.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

SaltWire Network /  🏆 45. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Arab League chief heads to Moscow for talks after Hamas attack on IsraelArab League chief heads to Moscow for talks after Hamas attack on IsraelExplore stories from Atlantic Canada.
Read more »

Pope Francis urges end to violence in IsraelPope Francis urges end to violence in IsraelExplore stories from Atlantic Canada.
Read more »

Arab League chief heads to Moscow for talks after Hamas attack on IsraelArab League chief heads to Moscow for talks after Hamas attack on IsraelExplore stories from Atlantic Canada.
Read more »



Render Time: 2025-02-24 00:03:15