Shenzhen Ends 2017 as the Biggest Loser

on 12/31/2017 - 10:37 am

Despite tons of rosy news this year about Shenzhen, there is one area where it not only lagged, it fell dead last.

From 2013 to 2015, Shenzhen was investors' darling, but shortly after, sentiment soured and Shenzhen has since had a hard time trying to recovering. According to an article recently published by Bloomberg, "The Shenzhen Composite Index, often referred to as China's Nasdaq, fell about 4 percent in dollar terms, a sad result compared with the more than 35 percent gain in the Hang Seng Index. The Shanghai Stock Exchange SSE 50 A-Share Index, the so-called Beautiful 50 gauge of China's top blue chips, advanced 25 percent." In fact, Shenzhen is the only downer among major Asian stock markets in 2017.

The good news is, the blame isn't being placed on the city as a whole, or the overall investment scene, but instead on just one company. Click here for an in-depth analysis by Bloomberg.



Ladies Drink FREE @ X-TA-SEA's 5-NIGHT Ladies NightS

Ladies drink FREE from 8pm-12 midnight Sundays, Mondays, Tuesdays, Wednesdays & Thursdays while enjoying live music in Sea World!

Buy 1 Get 1 FREE ALL DAY Thursdays at Hammock Bar & Restaurant
Buy 1 Get 1 FREE ALL DAY Thursdays at Hammock Bar & Restaurant

All beers on tap and house wine are buy 1 get 1 FREE ALL DAY Thursday at Hammock Bar & Restaurant. Beers on tap include: Vedett...

New Lunch Special at Hammock
New Lunch Special at Hammock

Come enjoy a Texas Pork Burger, Salad or Vegetarian Burger and receive your choice of Americano Coffee, Soft Drink or Tea for j...

  • sun
  • mon
  • tue
  • wed
  • thu