China Stocks Plunge to Two-Year Low on Tariff Threat; Yuan Sinks
China’s benchmark equity gauge tumbled to a two-year low and the yuan weakened as a worsening trade dispute with the U.S. spurred panic selling. Bonds gained.
China’s Poly Culture Plans Hong Kong I.P.O.
State-owned enterprise Poly Culture, one of China’s leading auction, cultural and film investors, previously planned to list its shares on the Shanghai Stock Exchange, but dropped them earlier this year due to regulatory uncertainty....