china stockexchange sse

Discussion in 'Markets & Economies' started by Peter, Jul 7, 2015.

  1. Peter

    Peter Well-Known Member

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    Now down 5.6%
     
  2. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    Falling like a backed up turd after a night on the piss.
     
  3. Peter

    Peter Well-Known Member

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    China 3.8% down
     
  4. TheEnd

    TheEnd Well-Known Member

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    So whats the story is China going into a recession or economic downturn yet?
     
  5. willrocks

    willrocks Well-Known Member Silver Stacker

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    The communists have banned recessions in China.
     
  6. Peter

    Peter Well-Known Member

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  7. Peter

    Peter Well-Known Member

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    China's economy, the world's second-largest, appears to be slowing, with the benchmark Shanghai Composite Index dropping more than 40% since its peak in June.

    Investors who sold at the share market's peak became yuan millionaires, but those who held on have lost much of their wealth.

    "Many left it too late, and quite simply they don't have the cash any longer," says Mr Kirchner. "In Sydney, every real estate agent was looking at China. Now, they are more cautious, which will cause problems for Australian developers
    Bbc news
     

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