Shares continue to slip, causing anguish and heavy losses for China’s millions of personal investors. Photograph: Imaginechina/Corbis
The temperature in this small airconditioned room in a brokerage in Shanghai’s Xuhai district was cool, as was the mood despite a drop in the stock market for the second day running.In recent weeks, as China’s stock market falls appeared to stabilise, millions of […]
Shah GilaniChinese stocks plummeted again yesterday.The Shanghai Composite tanked 8.48% to 3,725.56, while the Shenzhen Composite fell 7% to 2,160.09. And the ChiNext, China’s smaller equivalent of the Nasdaq, fell 7.4% to 2,683.45.Based on everything the Chinese government and regulators have done to stem the sharp sell-off in Chinese shares and pump them back up, the unexpectedly big drop yesterday, […]
China’s Stock Market Just Crashed in the Most Predictable Way Joshua KrauseThe Daily SheepleJuly 27th, 20151,369 views
Just last month, Chinese stocks were on one hell of a hot streak. The Shenzhen and Shanghai stock exchanges had risen to unprecedented heights, and were worth a total of $10 trillion. But by early July, their value had plummeted by a whopping 30% […]
Jimmy ChengWhile China’s stock market suffered one of the largest declines on record yesterday, we ain’t seen nothing yet, according to the man who predicted the low point for the Shanghai Composite index in 2013.Tom DeMark, founder Arizona-based DeMark Analytics, believes there’s significant carnage still to come.He’s predicting China’s stock market will decline by an additional 14% over the next […]
An investor watches market returns at a stock exchange hall on 27 July in Tai an, China. Photograph: ChinaFotoPress/ChinaFotoPress via Getty Images
Beijing has vowed to step up its interventions in China’s volatile stock market following a traumatic day on Monday when stocks suffered their greatest losses since 2007.A government-controlled stock-buying agency would “continue to buy stocks to stabilise the market”, […]
China said on Monday it was prepared to buy shares to stabilize the stock market and avert “systemic risks,” after major indices plunged more than 8 per cent in the biggest one-day fall since 2007.The securities regulator also said market authorities would deal severely with anyone engaged in the “malicious shorting of stocks,” in Beijing’s latest attempt to stave off […]
It’s days like Monday that reassure Tony Hann he was right to avoid stocks in mainland China.Boom! The bottom just dropped out of China’s unprecedented efforts to prop up its marketChina’s stocks tumbled the most in eight years Monday morning as investors lost faith in government measures to support the market and the IMF warned Beijing to butt out.Continue reading.The […]
An electric board displaying falling stock prices in Hangzhou, in China’s Zhejiang province. Photograph: AP
Chinese shares has tumbled more than 8% after an unprecedented state rescue effort to prop up valuations abruptly stopped, raising doubts about the viability of Beijing’s plan to stave off a deeper crash.Major indexes had their largest one-day drop since 2007, shattering three weeks of relative […]
China’s stock markets cratered again today, despite the government’s stimulus efforts. The Shanghai Composite Index fell by 8.5% and the Shenzhen A-shares index lost 7% of its value.Over the past 10 years, today’s drop was the second-worst on record:The fall comes after the government reported a 0.3% drop in industrial profits in June, a sign that China’s economy may be […]
Nearly two months after President Muhammadu Buhari took over the administration of Nigeria, investors in the nation’s stock market have lost over N1.032 trillion. Stakeholders have attributed the development to slow pace of governance, lack of policy direction, high political risk, feud in the federal legislature, no ministerial appointment, amongst others.The recent drop in the Nigerian stock market indicators also […]
