Chinese stock markets suspended for day after shares fall 7%
SHANGHAI: China stock markets closed for the day less than half an hour after opening on Thursday when shares fell more than seven percent, triggering an automatic “circuit breaker”.
By 9.58am, when the market halted trading, figures showed the benchmark Shanghai Composite Index had slumped 7.32 percent, or 245.95 points, to 3,115.89.
It is not china alone, the chain reaction will continue the countries on line were US,UK,India, Brazil,Europe, Australia and so because China had pledged good and other in these countries and got heavy amount and it is going to cause a night mare for all the markers and economies.
It has been that way for months … . Their market is down by around 40 percent in six months ….. The whole world is slowing . , So has Indian economy has slowed down as well, .. if you have been watching the GDP
They need to re-organize themselves to bring in a change in their down turn economy
The unplanned expansion & the mushrooming of industries without out proper quality check/dubious intent may likely put Chinas economy into jeopardy
Chinese are behind all the extremist activities in India. They are also dumping their products in our country to destroy our economy beware
that’s why made in china is not advisable
CAPT MITHILESH MITHILESH
Chinese recession is showing its effect on the stock market
If China falls India gains.
Chinese fall is clear indication that their Economy is going to be doomed
well now indian can start exporting its manufacturing.. at the scale of china..
It has been predicted that a “Great Market Fall” will take place in the coming 8 months in the World market…. India will also face a great fall soo
Abjinder Pal singh
It may result in similar situation in rest of the world markets….better remain vigilant ….
bt our maket is also falling
India has big opportunity to attract foreign investors
this is what happens to your stocks when u sell cheap low quality products throughout the world.