China stock market losses mounting - BBH

FXStreet (Guatemala) - Analysts at Brown Brothers Harriman explained that China’s recent actions to stabilize equity markets became increasingly desperate.

Key Quotes:

"More and more measures were rolled out as the week progressed and losses mounted, but the equity markets finally stabilized going into the weekend. However, nearly half the mainland stocks are still locked up and unable to trade. "

"As such, we cannot yet sound the all clear. China’s heavy-handed meddling in the local equity markets may ultimately derail its bid to have A-shares included in MSCI’s indices."