Commodity problems pushed down Asian shares
It is the third day in a row when Asian market shows the tight connection with fears for the commodity market. Chinese shares reached the lowest numbers in the last three months.
Asian stock market showed a decline for another day this Friday. The falls in the market of commodities bring the new concerns about the real state of the global economy and its health.
Meanwhile, Chinese shares went down again, reaching a new level of lows in the past three months. Investors are worried about a possible tightening of financial laws and how it will change the situation of banking stocks in the country.
In the last try of China to improve the situation in the banking system of the country, regulators began to work with the rotation of capital. They pay very close attention to all transaction to find the illegal one and fix possible arbitrage rules breaches. That is what bank officials have announced on Friday.
However, experts are not as optimistic as administration. Global analyst Zhu Qibing says that regulations will be tightened enormously and while the new measures of regulations will come a little bit later in the same year, this situation provokes more fears and concerns that it has to be.
This situation is not particularly new for China. However, investors believe that there will be some complications after Chinese President Xi Jinping has recently made an official speech about financial stability in the country. It may be just a random public interview from President, but it may have another meaning.