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By Yang Huiwen
INVESTORS might imagine that Singapore-listed China companies would offer some form of a safe haven from current stock market turbulence.
After all, China's economy is still expanding strongly, despite some niggles, while the likes of the United States are faltering.
They should think again.
A recent sell-down in stocks on China bourses and growing inflation worries over the mainland's booming economy have hit these so-called S-chips fairly hard.
The selling pressure has also been triggered by concerns over slowing profit growth, shrinking margins and rising borrowing costs.
So far this year, the FTSE ST China Index, comprising major S-chips, has been the worst performing index.
Read the following story in Monday's edition of The Straits Times.
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