Shanghai Composite Index

Hong Kong Shares Inch Higher

After the drop in the Hang Seng Index due to the news of Kim Jong-il’s death and fears of instability in the region, Hong Kong stocks were able to rebound and close up 0.1 percent. Business Week reports: The Hang Seng...

Shanghai Down Over 50% from Peak

From the Financial Times: Asia-Pacific stock markets on Tuesday retreated from seven-week highs hit the previous session, with Shanghai falling below the level marking a halving in value from its peak in October last year. The...

China’s Illusory Retail Investor Class – Business Week

From Business Week: The heartwarming story of everyday workers making millions in mainland stocks is a myth. If there is a warm heart beneath the cold, hard cash that dominates the rise of China’s stock markets, it is the retail investor. These are the old ladies, young mothers and overworked taxi drivers who felt the […]

China Stocks Plunge 8% – Don Lee

From the Los Angeles Times: China’s volatile stock market took another beating today, with the Shanghai composite index plunging more than 8%. It was the second-biggest drop in a decade after an 8.8% decline in late February helped trigger a global sell-off. Stock markets in Asia largely shrugged at the latest rout in Chinese shares, […]

China Doubles Prison Terms for Stock Manipulators to 10 Years – Bloomberg

From Bloomberg News: China’s government doubled the maximum length of imprisonment for securities manipulators to 10 years, a move that may help boost investors’ confidence in the nation’s stock markets as state companies including Air China Ltd. prepare to sell local-currency A shares for the first time. In addition, a law enabling jail terms of […]

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