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SHA:601138.SS 19 January 2026

Foxconn Industrial Internet stock (601138.SS) faces Monday test as China clamps down on margin buying

Foxconn Industrial Internet stock (601138.SS) faces Monday test as China clamps down on margin buying

Foxconn Industrial Internet’s Shanghai shares rose 3.64% to 63.00 yuan Friday, with 262.6 million shares traded. China’s exchanges will raise the minimum margin requirement for new leveraged stock purchases to 100% starting Monday. The Shanghai Composite climbed 6% in the past month. Traders await China’s GDP and economic data due Monday.

Stock Market Today

  • Russell 2000 Hits Correction Territory Amid Oil Price Surge and Economic Worries
    March 20, 2026, 2:58 PM EDT. The Russell 2000 small-cap index has dropped over 10% from its recent peak, marking the first major U.S. benchmark to enter correction territory, defined as a decline between 10% and 20%. The index, initially outperforming in 2026, fell sharply due to a surge in Brent crude oil prices amid the Iran war, highlighting small caps' sensitivity to cyclical sectors and economic downturns. Other major indexes are close behind, with the Dow and Nasdaq down over 9%, and the S&P 500 falling by more than 6%, signaling broader market pressures.
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