Arab Today, arab today chinese stock prices remain in the doldrums
Last Updated : GMT 20:05:56
Arab Today, arab today
Arab Today, arab today

Chinese stock prices remain in the doldrums

Arab Today, arab today

Arab Today, arab today Chinese stock prices remain in the doldrums

Chinese stock prices remain in the doldrums
Shanghai - Arab Today

Small-time investor Tracy Li lost more than $3,000 of her hard-earned salary from working at a bank after China’s stock market crashed last summer, wiping out trillions of dollars in valuations in just days.
A year later, and she has been burned twice, betting government intervention to prop up the market after the rout would guarantee good returns.
“Everybody was saying that the market was starting to rebound,” she said. 
“I bought a stock a friend recommended to me, but now I’ve lost 35 percent of my investment this year.”
Her story is not much different from that of millions of other private investors who saw their savings go up in smoke during a year of countless government attempts to prop up the beleaguered market.
Despite Beijing’s best efforts, stock prices remain in the doldrums, with a reform agenda put on the back burner.
Sunday marks the first anniversary of the day it all began to crumble, when the Shanghai stock market — having soared in the previous 12 months — started a 40 percent slide that it is struggling to recover from.
The benchmark Shanghai Composite Index rose more than 150 percent in the year to June 12, 2015, peaking at 5,166.35 as the government loosened limits on trading with borrowed money and encouraged buying with glowing commentary in state-controlled media.
The bubble had been fueled by lax government controls and rash investors looking for a quick profit, in what analysts say is an object lesson in the risks of trying to use policy to defy market forces.
When the collapse came, it destroyed fortunes, sparked a costly state bail-out, and shattered investor sentiment.
But hard lessons were still to come.
As the market plunged, China tasked a “national team” to prop up prices by directly buying at least $236 billion worth of stocks, according to one estimate, which state-linked entities are still holding after hints they might unload them sparked renewed market panic.

Source: Arab News

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today chinese stock prices remain in the doldrums Arab Today, arab today chinese stock prices remain in the doldrums

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today chinese stock prices remain in the doldrums Arab Today, arab today chinese stock prices remain in the doldrums

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today Ryanair's O'Leary: Could ground more planes

GMT 06:49 2017 Friday ,22 September

Ryanair's O'Leary: Could ground more planes
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Huthis stage defiant rally 3 years

GMT 05:29 2017 Friday ,22 September

Huthis stage defiant rally 3 years
Arab Today, arab today Saudi Arabia to unblock internet calling apps

GMT 11:31 2017 Wednesday ,20 September

Saudi Arabia to unblock internet calling apps
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today All eyes on May as she prepares

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares
Arab Today, arab today Puerto Rico, Virgin Islands brace

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mercedes pumps 1 bln euros    

GMT 06:04 2017 Friday ,22 September

Mercedes pumps 1 bln euros    
Arab Today, arab today Intel chips loaded in Waymo

GMT 14:43 2017 Wednesday ,20 September

Intel chips loaded in Waymo
Arab Today, arab today Youssra prepares for launching her  program

GMT 08:59 2017 Wednesday ,20 September

Youssra prepares for launching her program
Arab Today, arab today France hopeful of persuading Trump

GMT 06:21 2017 Wednesday ,20 September

France hopeful of persuading Trump

GMT 09:40 2017 Tuesday ,19 September

Actress Ream Hhagag prepares for a new film

GMT 18:09 2017 Thursday ,21 September

China lifts 10-year travel ban

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 19:18 2017 Monday ,18 September

5,000 'Dieselgate' deaths in Europe per year

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 18:03 2017 Thursday ,21 September

Alarm over flesh-eating ulcer cases

GMT 07:00 2017 Wednesday ,20 September

A no-frills business success

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday