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Chinese Stocks Crash Most In 19 Years, Re-Open Limit Down (Despite PBOC Hail Mary)

Chinese Stocks Crash Most In 19 Years, Re-Open Limit Down (Despite PBOC Hail Mary)

Carnage…

  • *CHINA STOCK PANIC SELLING TO CONTINUE, CENTRAL CHINA ZHANG SAYS

This leave China’s CSI-300 broad stock index futures up just 7% year-to-date…

  • *CHINA CSI 500 STOCK-INDEX FUTURES FALL BY MAXIMUM 10% LIMIT
  • *CHINA CSI 500 STOCK-INDEX FUTURES FALL BY LIMIT FOR 2ND DAY

  • *HKEX DROPS AS MUCH AS 7.3%, MOST SINCE SEPT. 2011
  • *SHANGHAI COMPOSITE INDEX EXTENDS DROP TO 7.5%
  • *SHANGHAI COMPOSITE HEADS FOR BIGGEST 3-DAY DROP SINCE 1996

Carnage-er…

  • *CHINA’S CSI 300 INDEX FALLS 3.4% TO 4,190.3 AT BREAK
  • *CHINA’S SHANGHAI COMPOSITE FALLS 3.8% TO 4,035.48 AT BREAK
  • *CHINA’S CSI 500 STOCK INDEX FUTURES EXTEND LOSSES TO 5.7%
  • *CHINEXT INDEX PLUNGES 7.8% FOR 3-DAY 20% SLIDE

After The People’s Daily proclaimed… “investors were moved to tears” thanks to the PBOC’s actions…

  • *FOUNDATIONS FOR A-SHARES ARE `SOLID’: CHINA SECURITIES JOURNAL
  • *CHINA STOCK MARKET TO HAVE 30 YEARS `GOLDEN AGE’: SEC. JOURNAL

 

…click on the above link to read the rest of the article…

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