Chinese Stocks Go $BABA-Bye After Eventful Weekend
Chinese stocks are again on the rocks after a tumultuous end to the week-long National Congress of the Chinese Communist Party. This event occurs every five years and is the public venue for top-level leadership changes in the CCP and the formal event for changes to the Party’s Constitution.
In other words, it’s a big event. And this year did not disappoint. Or, actually, it did since prices are falling big time. But you know what we mean…