MSCI’s China Stock Gauge Set to Enter Into Technical Correction

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MSCI China Index,Tencent Holdings Ltd.,Alibaba Group Holding Ltd.

(Bloomberg) -- MSCI Inc.’s key gauge for Chinese stocks is on course for a technical correction as traders struggle to find catalysts ahead of a July meeting...

-- MSCI Inc.’s key gauge for Chinese stocks is on course for a technical correction as traders struggle to find catalysts ahead of a July meeting of the nation’s top leaders.FedEx Stokes Investors With Hint of a Freight DealThe MSCI China Index dropped as much as 2% on Thursday, taking declines from a May 20 high to about 10% intraday. Tencent Holdings Ltd. and Alibaba Group Holding Ltd. were among the biggest drags on the gauge.

This dividend stock is sure to benefit from ongoing cuts in the key interest rate and is already seeing some major opportunities ahead. The post 1 Dividend Stock to Buy if the Bank of Canada Keeps Cutting Rates appeared first on The Motley Fool Canada.With so much excitement around artificial intelligence, this year’s stock market story has been all about technology. But not every tech fund has tech in the name.

Source: News Formal (newsformal.com)

MSCI China Index Tencent Holdings Ltd. Alibaba Group Holding Ltd. Technical Correction MSCI Inc. Chinese Stocks

 

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