The "rebound" of the Chinese stock market resulted in an intensive rise in quotations from the local bottom
We have already written on the "Megamind" about the situation in the Chinese stock market ; more specifically, about the fall of stock indexes of the Hong Kong and Shanghai trading floors.
As is always the case with securities, after a serious (more than 25%) failure and emergency measures by the Chinese authorities (trade restriction, ban on IPO), the indices began to adjust: SSE Composite (Shanghai) rose by 4.5% during the trading session, the day before - by 5.8%, and the Hang Seng (Hong Kong) grew by 2%, the day before - by 3.7% at the end of the trading session.
However, experts note that it is too early to rejoice - on the Chinese stock exchanges, almost half of the companies still do not trade in shares. Also, analysts fear that the collapse of the market in China has already had or in the near future will have a serious impact on the nearest and closely related markets, such as Taiwan and South Korea, as well as the commodity markets globally.
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We continue to monitor the situation on the Chinese trading floors.
As is always the case with securities, after a serious (more than 25%) failure and emergency measures by the Chinese authorities (trade restriction, ban on IPO), the indices began to adjust: SSE Composite (Shanghai) rose by 4.5% during the trading session, the day before - by 5.8%, and the Hang Seng (Hong Kong) grew by 2%, the day before - by 3.7% at the end of the trading session.
However, experts note that it is too early to rejoice - on the Chinese stock exchanges, almost half of the companies still do not trade in shares. Also, analysts fear that the collapse of the market in China has already had or in the near future will have a serious impact on the nearest and closely related markets, such as Taiwan and South Korea, as well as the commodity markets globally.
')
We continue to monitor the situation on the Chinese trading floors.
Source: https://habr.com/ru/post/292432/
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