News
China Gets Hit Hard In Stock Market Slide
The major indexes in China plunged more than 8 percent on Monday in a dramatic slide that saw China get hit with their biggest lost in eight years. China’s equity markets fell 1.7 percent on Tuesday and CSI300 index of the largest listed companies in Shanghai and Shenzhen dropped 0.2 percent.
The China Securities and Regulatory Commission has made efforts to strengthen and stabilize the stock market through injections of cash and buying of shares, but so far the volatility in the market remains high. After an enormous hit to the China’s markets in June, they did begin to stabilize in mid-July after China’s central bank formed stabilization funds, cut interest rates, and lifted certain restrictions.
This latest hit shows that speculation remains, and there are strong fears amongst global investors about the overall health of the Chinese economy which is causing potential investors to cut back on their investments in China.
Contact
Snoogoo news@snoogoo.com
1-800-234-39191
Twitter: @snoogoo
Facebook: Facebook.com/snoogoo
More News
DSPA-5 Dry Aerosol Sprinkler Technology Offers Unique Way To Reduce Risk To Firefighters While Saving Valuable Property and Retaining Structures
DSPA-5 is a portable, dry aerosol fire extinguisher that can be easily deployed and halts flames without using water or harmful chemicals. This safe, effective tool is gaining popularity throughout the firefighting community.
Released On: 1/5/2016
Views: 4669
China Gets Hit Hard In Stock Market Slide
Released On: 7/28/2015
Views: 3087
The Latest Android Phone Hack Is Worse Than You Think
Released On: 7/27/2015
Views: 4442
NASA Spacecraft Takes Images of Pluto on Historic Flyby
Released On: 7/14/2015
Views: 4539
Logitech Transforming Brand With Name Change And Product Focus
Released On: 7/8/2015
Views: 4691
Horrifying Crash Dampens NASCAR Race
Released On: 7/7/2015
Views: 6218
Map
Snoogoo
Get DirectionsSnoogoo
-
20701 North Scottsdale Rd suite 107-209
Scottsdale, Arizona 85253
USA - 1-800-234-3919
