China Fast Figure: SSE Indexes
Gloria Van Rees
The SSE continues to decrease. Taking a look at the 2018 YTD SSE indexes, the market is at its lowest point of 2018 and the composite index is down about 19%. The economic growth numbers trumpeted in PPI and PMI growth are not reflected in the SSE. B shares have lost the least in YTD trading. This could mean investors are looking for value until the bottom of the market is found. With the more tariffs being put in place and no end of the trade war in sight, the pressure on the market has not hit a point that investors are willing to jump back in yet. As an indicator of the health of the China’s economy the SSE is shows the patient needs some help.