The author is a Reuters Breakingviews columnist. The opinions expressed are his own.China’s sell-off will be felt far beyond its see-sawing stock markets. The month-long slide in share prices has called into question the country’s recent conversion to market dogma, while the state’s floundering response has exposed the limits of its grip on China’s financial system. Broader reforms may suffer.Some […]
Here’s what you need to know:1. Yes, it’s a crash, and it’s not over yet.Here’s a long-term chart of the Chinese stock market, to put this in perspective. Facebook Share Pinterest Pin ItWe’re on our way down right now, there’s further to fall, and the main reason that stocks haven’t fallen further already is just that they aren’t trading at […]
While the World Watches Greece, China’s Stock Market Is Imploding Joshua KrauseThe Daily SheepleJuly 7th, 2015328 views
It had to happen at some point. Just a few weeks ago the Shenzhen and Shanghai Stock Exchanges were collectively worth roughly $10 trillion. Within a single year, the Shanghai Exchange had surged from just over 2000 points, to well over 5000. It was […]
Biotechs rise on Greece ‘No’ Vote!Amazing news, right? I mean, who would think the news out of Greece would push biotech stocks higher?But apparently it did. The Greek people let the world know they ain’t interested in more austerity (not that they really had any). Meanwhile, biotechs were the strongest group of stocks on the market to kick off the […]
Biotechs rise on Greece ‘No’ Vote!Amazing news, right? I mean, who would think the news out of Greece would push biotech stocks higher?But apparently it did. The Greek people let the world know they ain’t interested in more austerity (not that they really had any). Meanwhile, biotechs were the strongest group of stocks on the market to kick off the […]
Kraft Heinz Company Begins Trading MondayBy Paul Ausick July 5, 2015 9:47 am EDTPrintEmail A deal announced in late March that brought together two of the country’s best-known consumer food products companies is now complete and stock in the new Kraft Heinz Company begins trading Monday July 6th on the Nasdaq under the ticker symbol KHC. The new firm will […]
China freezes IPOs to stop rapid stock market decline – reportPublished time: July 04, 2015 22:59Get short URLA general view of the Hong Kong Stock Exchange trading hall. (Reuters / Bobby Yip)TagsChina, Economy, Finance, IPO, InvestmentChina has curbed the sale of newly issued stock and created a market stabilization fund, as it tries to halt a stock market plunge that […]
BEIJING (AP) — More than two dozen companies in China are postponing initial public offerings and security companies are pledging more than $19 billion for a fund to stabilize the country’s free-falling stock market.The 28 companies, which had obtained permission from China’s securities watchdog for IPOs planned in Shanghai and Shenzhen, said they would postpone them due to recent market […]
Capping an extraordinary week of stock market losses that defied state intervention, China decided to double down on Saturday – hoping to avoid a “Black Monday” when trading resumes after the weekend.Meeting in Beijing, 21 major brokerage houses said they would contribute 120 billion yuan – the equivalent of $19.3 billion – to purchase blue-chip “exchange traded funds” to stabilize […]
China Adopts an Unusual Approach to Fighting a Stock Market Crash | Mother Jones
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