China Halts Trading After Market Tumbles More Than 7 Percent

[Keel]

Happy new year bro.

I'm not worried about the turmoil. All my investments pay dividends so I don't worry about downturn . In fact I am going to buy some discounted good stocks to stack up my retirement portfolio. I did the same thing in 2008 and it worked out well

Good idea and congrats on your investment getting paid off
Me the same strategy. I dont speculate
"Buy low sell high" - the golden dictum on investment, simple but very true!

.

 

[Jlaw]

Good idea and congrats on your investment getting paid off
Me the same strategy. I dont speculate
"Buy low sell high" - the golden dictum on investment, simple but very true!

.

Exactly. Now, all the good stocks are down because they want take advantage of Boxing Week pricing!

Remember VW a few months ago? I picked it up when it was low low , all the doom and gloom for VW, blah blah...and guess what, even in today's turmoil it's still higher than what I paid for.

 

[Keel]

Exactly. Now, all the good stocks are down because they want take advantage of Boxing Week pricing!

Remember VW a few months ago? I picked it up when it was low low , all the doom and gloom for VW, blah blah...and guess what, even in today's turmoil it's still higher than what I paid for.

Good for you!

VW is going to get a heavy hit by the US government
The Germans must love the Obama admin these days

Volkswagen could get hit with $18B in US fines - Tucson News Now

so I hope you've make a good decision (edit)

Foreign companies are the best sources from where to milk billions for the budget money, esp in USA: Toyota, BP, BNP ...
.

 

[F-22Raptor]

HONG KONG — Trading was halted on China’s stock market for the second time this week, as stocks plummeted on Thursday over concerns about the country’s currency and the health of the economy.

It has been a rocky start to the new year, with worries over China shaking the confidence of investors around the world and creating volatility in the markets. The big fear is that China’s economy is slowing down, crimping global growth.

A downbeat Chinese manufacturing report on Monday sent stocks spiraling, prompting the country’s market to close early. It also set off a global rout, with stocks in Europe and the United States getting hit.
The latest tumult centers on the Chinese currency, the renminbi.

The Chinese government, which closely controls the renminbi, has been allowing the value to steadily decline. It is a difficult process to manage, especially as companies and individuals pull money out of the country at a rapid rate.

The currency’s moves on Thursday served to spook investors. China’s central bank in the morning set the rate for the renminbi at 6.5646 to the dollar, its lowest point in almost six years.

The weakening currency was likely to lead to a capital outflow and tightening monetary conditions in China, said Li-Gang Liu, the chief economist for greater China at the Australia and New Zealand Banking Group. That, in turn, he added, would exacerbate the sell off in markets.

As trading opened on Thursday, Chinese stocks plummeted, activating a so-called circuit breaker for the second day this week. The circuit breaker, a newly adopted emergency measure, forces trading to stop for 15 minutes when losses hit 5 percent. Once trading resumed, the losses continued, taking stocks down 7 percent and forcing a stop in trading for the day.

The CSI 300 blue-chip stock index finished the day down 7.2 percent. The Shanghai composite index fell 7.3 percent, while Shenzhen plunged 8.3 percent.

http://www.nytimes.com/2016/01/08/business/dealbook/china-shanghai-stocks-fall.html?_r=0

China's stock market is crashing...again.

 

[C130]

looks like China and U.S are both in trouble


Trump Predicts U.S. Economic 'Bubble' Could Soon Burst

but if SHTF I think China would cope and recover faster, but both and even the world economy is in for a rude awakening.


World Debt Clock :: National Debt Clocks From Around The World


I hope Trump get's elected and levels the playing field with china

first business would be to fix the trade deficient. thinking for every $2.00 worth of goods we import from China they have to import at least $1.00 or 1.50 of U.S made goods

so if they send over $500 billion of goods they have to import $250 billion of U.S goods or face a fairly heavy tariff


https://www.census.gov/foreign-trade/balance/c5700.html



should correct the trade deficient a lot.

 

[Keel]

HONG KONG — Trading was halted on China’s stock market for the second time this week, as stocks plummeted on Thursday over concerns about the country’s currency and the health of the economy.

It has been a rocky start to the new year, with worries over China shaking the confidence of investors around the world and creating volatility in the markets. The big fear is that China’s economy is slowing down, crimping global growth.

A downbeat Chinese manufacturing report on Monday sent stocks spiraling, prompting the country’s market to close early. It also set off a global rout, with stocks in Europe and the United States getting hit.
The latest tumult centers on the Chinese currency, the renminbi.

The Chinese government, which closely controls the renminbi, has been allowing the value to steadily decline. It is a difficult process to manage, especially as companies and individuals pull money out of the country at a rapid rate.

The currency’s moves on Thursday served to spook investors. China’s central bank in the morning set the rate for the renminbi at 6.5646 to the dollar, its lowest point in almost six years.

The weakening currency was likely to lead to a capital outflow and tightening monetary conditions in China, said Li-Gang Liu, the chief economist for greater China at the Australia and New Zealand Banking Group. That, in turn, he added, would exacerbate the sell off in markets.

As trading opened on Thursday, Chinese stocks plummeted, activating a so-called circuit breaker for the second day this week. The circuit breaker, a newly adopted emergency measure, forces trading to stop for 15 minutes when losses hit 5 percent. Once trading resumed, the losses continued, taking stocks down 7 percent and forcing a stop in trading for the day.

The CSI 300 blue-chip stock index finished the day down 7.2 percent. The Shanghai composite index fell 7.3 percent, while Shenzhen plunged 8.3 percent.

http://www.nytimes.com/2016/01/08/business/dealbook/china-shanghai-stocks-fall.html?_r=0

China's stock market is crashing...again.

just tell me which other markets are not crapping their pants

Sensex down for 3rd straight day, tumbles 174 points - Times of India

Sharp fall: Nifty sinks below 7750, Sensex tumbles below 25500 - Moneycontrol.com

Nikkei
Nikkei 225
(INDEXNIKKEI:NI225)
17,859.53
-331.79

S&P 500

.

 

[C130]

just tell me which other markets are not crapping their pants

Sensex down for 3rd straight day, tumbles 174 points - Times of India

Sharp fall: Nifty sinks below 7750, Sensex tumbles below 25500 - Moneycontrol.com

Nikkei
Nikkei 225
(INDEXNIKKEI:NI225)
17,859.53
-331.79

S&P 500

just following China's lead


China drives the world economy right?? if weakness is seen it effects all markets

 

[Economic superpower]

China should shut down its stock market for about 1 year until it becomes a proper stock market. This is not a stock market. 90% are old people pretending to be investors.

Chinese stock market has become a national embarrassment. Every few weeks this thing crashes like 20% in 1 week. Then goes up again 15% the next week. Then crashes again. It's worse than a casino.

Shameful. The regulators should be arrested for their incompetence.

People say Chinese stock market is not representative of the real economy but when it crashes every few weeks it further damages China's economic and financial reputation and shows the regulators have absolutely no idea what the hell they are doing. People won't even buy the renminbi as Chinese financial markets are incredibly volatile.

3% movement is considered massive.

 

[Abba_Dabba_Jabba]

just tell me which other markets are not crapping their pants

Sensex down for 3rd straight day, tumbles 174 points - Times of India

Sharp fall: Nifty sinks below 7750, Sensex tumbles below 25500 - Moneycontrol.com

Nikkei
Nikkei 225
(INDEXNIKKEI:NI225)
17,859.53
-331.79

S&P 500

.

Sensex and Nifty fell because of Chinese market. Remember Chinese share market opens before the Indian Market. Read the news if u can't understand the market trends.

 

[Keel]

Sensex and Nifty fell because of Chinese market. Remember Chinese share market opens before the Indian Market. Read the news if u can't understand the market trends.

And some markets precede China's

.

 

[atomix]

Sensex and Nifty fell because of Chinese market. Remember Chinese share market opens before the Indian Market. Read the news if u can't understand the market trends.

India does not have much exposure to chinese market. So not an issue. Its more of FII's pulling out money in panic.

 

[Abba_Dabba_Jabba]

And other markets precede China's

.

Nope this time it is started by Chinese market. Japan showed some improvement so it is not the cause for this slump.

There are many reason for this fall, one was mentioned by @Economic superpower , the chinese investor are too naive, they should invest for long time with some logic.

 

[Economic superpower]

Chinese stock market need major reforms quickly. Otherwise these crashes will be so frequent that people will laugh if you say you invest in the Chinese stock market.

Right now it's big news because Chinese stock market has a little bit of credibility left and its movement causes ripple effects. Any more of these crashes and everyone will dismiss the Chinese stock market as a joke. That reputation damage is hard to overcome even if the reforms make it a sound stock market to invest in the future.

Stock market crashes are big news in other countries because their economies are tied to the performance of their own stock market and shows the confidence in the economy, so when Chinese market crashes they see it as China is crashing.

Perception is very important. Confidence is built overtime but you can lose it in an instant.

One of the major problems in the Chinese stock market is 90% of the investors are individuals and most are old people. Most modern stock markets are dominated by institutional investors where they make up over 60-70% of the market. Institutional investors are professionals that see trends and INVEST, not gamble like individuals do. Institutional investors are long term investors with patience so they don't panic sell when the market crashes like individuals do.

 

[naveen mishra]

China should shut down its stock market for about 1 year until it becomes a proper stock market. This is not a stock market. 90% are old people pretending to be investors.

Chinese stock market has become a national embarrassment. Every few weeks this thing crashes like 20% in 1 week. Then goes up again 15% the next week. Then crashes again. It's worse than a casino.

Shameful. The regulators should be arrested for their incompetence.

People say Chinese stock market is not representative of the real economy but when it crashes every few weeks it further damages China's economic and financial reputation and shows the regulators have absolutely no idea what the hell they are doing. People won't even buy the renminbi as Chinese financial markets are incredibly volatile.

3% movement is considered massive.

what is interest rate for debt fund presently in china ?

 

[C130]

China should shut down its stock market for about 1 year until it becomes a proper stock market. This is not a stock market. 90% are old people pretending to be investors.

Chinese stock market has become a national embarrassment. Every few weeks this thing crashes like 20% in 1 week. Then goes up again 15% the next week. Then crashes again. It's worse than a casino.

Shameful. The regulators should be arrested for their incompetence.

People say Chinese stock market is not representative of the real economy but when it crashes every few weeks it further damages China's economic and financial reputation and shows the regulators have absolutely no idea what the hell they are doing. People won't even buy the renminbi as Chinese financial markets are incredibly volatile.

3% movement is considered massive.

a proper stock market. you do know other markets have crashed plenty of times. this is China's first taste of it


instead of letting it hit rock bottom, China keeps trying to save it with half measures that will just push the problem down the road a few months.

reward and risk you know