Scottsdale 7/28/2015 6:17:15 PM
News / Stocks

China Gets Hit Hard In Stock Market Slide

The major indexes in China plunged more than 8 percent on Monday in a dramatic slide that saw China get hit with their biggest lost in eight years. China’s equity markets fell 1.7 percent on Tuesday and CSI300 index of the largest listed companies in Shanghai and Shenzhen dropped 0.2 percent.

The China Securities and Regulatory Commission has made efforts to strengthen and stabilize the stock market through injections of cash and buying of shares, but so far the volatility in the market remains high. After an enormous hit to the China’s markets in June, they did begin to stabilize in mid-July after China’s central bank formed stabilization funds, cut interest rates, and lifted certain restrictions.

This latest hit shows that speculation remains, and there are strong fears amongst global investors about the overall health of the Chinese economy which is causing potential investors to cut back on their investments in China. 

Contact
Snoogoo news@snoogoo.com 
1-800-234-39191
Twitter: @snoogoo
Facebook: Facebook.com/snoogoo

Download The Findit App

Google Play
Apple

SnooGoo News

More Stories www.findit.com/snoogoo

20701 North Scottsdale Rd suite 107-209
Scottsdale, Arizona 85253
USA

Phone: 1-800-234-3919

FINDIT NEWS

Reach our 280 plus publishers.

Over 100,000 Twitter Followers on our 9 accounts

We share your releases to Facebook, Pinterest, Digg, Stumble Upon and Move On

Create your account now!