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MORNING BID AMERICAS-Stocks stall after VIX hits pre-COVID low

A look at the day ahead in U.S. and global markets from Mike Dolan Global markets took a sharp intake of breath on Monday after seeing Wall St s fear gauge hit its. -November 27, 2023 at 06:11 am EST - MarketScreener

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Marketmind: Stocks stall after VIX hits pre-COVID low

Global markets took a sharp intake of breath on Monday after seeing Wall St's 'fear gauge' hit its lowest since before the pandemic hit late last week and as China major stock indexes continue to wane. Monday's stock opening looked to be in the red, however, with Asia and European bourses falling back.

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Beijing police launch investigation into troubled wealth manager Zhongzhi

Beijing police launch investigation into troubled wealth manager Zhongzhi
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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Beijing police launch investigation into troubled wealth manager Zhongzhi

Beijing police are investigating suspected crimes committed by Zhongzhi Enterprise Group, a leading Chinese wealth manager, according to a social media post published by the Chaoyang Public Security Bureau on Saturday. Zhongzhi earlier this week told investors it is heavily insolvent with up to $64 billion in liabilities, threatening to reignite concerns that China's property debt crisis is spilling over into the broader financial sector. The firm has sizable exposure to China's real estate sector and is a major player in China's $3 trillion shadow banking sector - roughly the size of the French economy.

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Beijing police launch investigation into troubled wealth manager Zhongzhi By Reuters

Beijing police launch investigation into troubled wealth manager Zhongzhi By Reuters
investing.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investing.com Daily Mail and Mail on Sunday newspapers.

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