A brokerage in Beijing. Shanghai’s reign as the world’s worst-performing stock market may continue as a number of shares are trading well below their value. Photo: AP
A brokerage in Beijing. Shanghai’s reign as the world’s worst-performing stock market may continue as a number of shares are trading well below their value. Photo: AP

Shanghai’s index slump may have more to go as liquidity dries up in the world’s worst-performing stock market

The number of stocks trading below either the 200-day moving average or their book value is rising, pointing to more losses to come

A brokerage in Beijing. Shanghai’s reign as the world’s worst-performing stock market may continue as a number of shares are trading well below their value. Photo: AP
A brokerage in Beijing. Shanghai’s reign as the world’s worst-performing stock market may continue as a number of shares are trading well below their value. Photo: AP
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