Chinese stock market capitalization worth nearly $10 TRILLION

[AndrewJin]

You're asking whether I am in the market or not? We are supposed to maintain some animosity here bro! Anyway, yes, have been in various markets for quite some time, domestic and overseas, I do that for a living.



Silent on that bro, you want IRS coming after you? LOL ... Good practice! All in cash? You may consider making your portfolio more aggressive at your age, let's go QQ group chat.

Some in Taobao's account(better interest rate than bank), some in stock, four times already!

 

[sword1947]

You're asking whether I am in the market or not? We are supposed to maintain some animosity here bro! Anyway, yes, have been in various markets for quite some time, domestic and overseas, I do that for a living.



Silent on that bro, you want IRS coming after you? LOL ... Good practice! All in cash? You may consider making your portfolio more aggressive at your age, let's go QQ group chat.

I do that just for fun

 

[Mr.Nair]

If this case of india, there will be pages and pages of chinese and pakistan trolls ! There will be several thread running as well

In just 17 days, Chinese stocks have lost the value of Spain’s entire stock market - Quartz

No negative news never ever appear in this forum in case of china.

@Hindustani78 @Nihonjin1051

Every one concerned about what news from india !

 

[William Hung]

From Reuters (why I cant post links anymore?)

China shares end lower, taking 2016 losses to $1.8 trillion

SHANGHAI (Reuters) - Chinese highly volatile shares ended lower again on Wednesday after plunging on Tuesday, taking losses in 2016 to about 22 percent or 12 trillion yuan ($1.8 trillion).

The benchmark Shanghai Composite Index ended down 0.5 percent, having been up in the morning and as much as 4 percent lower during the day. It tumbled 6.4 percent on Tuesday to its lowest close since Dec. 1, 2014.

The CSI300 index of the largest listed companies in Shanghai and Shenzhen ended down 0.3 percent after a similar rollercoaster ride.

China markets began the year with a series of precipitous falls and a sharp depreciation in the yuan currency, and selling pressure has persisted as economic data confirmed slowing growth and deteriorating business conditions, hammering investors' confidence in stocks.

Gu Yongtai, analyst at Cinda Securities, said the prospect of investors having to sell stocks they bought with borrowed money in order to cover margin calls has also hurt sentiment.

"There's fear that stock price falls would trigger margin calls, which then adds further pressure on prices, although the actual amount of forced liquidation is not as big as people would imagine," Gu said.

Four listed companies suspended trading in their shares on Wednesday, saying their major shareholders, who have pledged shares as collateral, face margin calls and would seek ways to avoid forced liquidation.

"If the market continues to fall, equity pledging-related selling pressure could increase significantly, putting further pressure on the stock market," said Gao Ting, the Head of China Strategy with UBS Securities.Trading volumes have thinned, making price moves even more volatile, as many investors have given up on Chinese stocks since last summer, when shares crashed 40 percent.

Beijing intervened to stem that rout and orchestrate a recovery of sorts, but anyone who mistook that for a bottom and bought back in will be nursing losses again.

China's woes have damaged risk appetite in global markets, too, along with tumbling oil prices.

@Bussard Ramjet, you sir, are a prophet. A very astute analyst. You literally made this statement a week before the Chinese stock market crash.

Just one thing:

Chinese stocks are right now literally in bubble territory. With some stocks having a P/E ratio of as much as 150!

I’ve just quickly read this thead over again. Much respect to you. You seem to get a lot of hostile and disrepectful reactions from a lot of Chinese members in this section, but I think its about time Chinese members need to from now on take your words more seriously.