© AFP Johannes EiseleThe Chinese government intervened to stem a rout in the Shanghai market after it crashed 30 percent from its peak in mid-JuneShanghai (AFP) – China’s market regulator on Friday vowed to stabilise the volatile stock market for a “number of years”, saying a state-backed company tasked with buying shares will have an enduring role.”For a number of […]
Thomson ReutersAn investor stands in front of an electronic board showing stock information at a brokerage house in FuyangSHANGHAI (Reuters) – China’s securities regulator said on Friday that it had restricted 24 stock trading accounts for suspected trading irregularities.The accounts had been found to have abnormal bids for shares or bid cancellations and were thus suspected of affecting share prices […]
Last week we presented China’s latest bazooka in its ongoing attempt to halt its plunging market (apparently threats to arrest sellers were insufficient) – China Securities Finance Corp. As a subsidiary of the China Securities Regulatory Commission, this meant that “China’s central bank is now underwriting brokerages’ margin lending businesses” and that “the PBoC is now in the business of […]
China’s stock market bounces back, after govt steps in to stop huge slidePublished time: July 09, 2015 02:25Edited time: July 09, 2015 12:06Get short URLReuters / Tyrone SiuTagsEconomy, Investment, MarketsChinese stock indexes rebounded Thursday. The Shanghai Composite added about 6 percent after the securities regulator made a bold move and stopped shareholders with more than a five percent stake in […]
Tesla Motors acquired Riviera Tool LLC, a tool and die company based out of Michigan, for an undisclosed sum on the 7th of May. What followed was a buying frenzy of the wrong stock, which led to the industry regulator stepping in.Not long after the acquisition announcement by Tesla Motors, stock speculators suggested that shares in Riviera Tool LLC would be a good purchase, […]
iOS: If you want to buy or sell stock, you usually have to pay a fee. At $7-$10 per transaction, they can add up. Robinhood eliminates these fees, offering free stock trading that’s incredibly simple.Generally, we’re fans of “set and forget” investing with funds, rather than individual stock investing. Right now, Robinhood lets you trade individual stocks and exchange-traded funds […]
iOS: If you want to buy or sell stock, you usually have to pay a fee. At $7-$10 per transaction, they can add up. Robinhood eliminates these fees, offering free stock trading that’s incredibly simple.Generally, we’re fans of “set and forget” investing with funds, rather than individual stock investing. Right now, Robinhood lets you trade individual stocks and exchange-traded funds […]
