collected by :Jack Luxor
summary_0}
as informed in
That means we now turn to a potential test of the support region noted on our 60-minute chart in the 2,320-2,330 region. We all think they have been calling for the market to go down in their crash scenarios. In reality, they have truly nailed this market, as we have certainly "crashed up."You see, the market was not "about to top" in the past year. But those who have thought the stock market would plummet imminently have been terribly misunderstood. We've all heard the "crash callers" — loud and clear — in the past year.
China Securities Regulatory Commission (CSRC) chairman Liu Shiyu told the stock market watchdog's annual work conference on February 10 that China would capture more crocodiles and would not allow tycoons to "suck the blood" of retail investors. In another example, a stock market circuit-breaker introduced at the start of last year with the intention of damping share price movements lasted just four days before it was abandoned after it sparked panicked sell-offs. Cha, the only non-mainlander to hold a vice-ministerial position in the central government, tried hard to implant mature, Hong Kong-style regulatory practices in the mainland market to stamp out insider trading. The collapse of a highly leveraged, 3 billion yuan (US$436 million) takeover bid for a Shanghai-listed animation company this month shone a spotlight on a shadowy corner of China's stock market that is worrying the authorities in Beijing. For instance, when the mainland allowed the trading of stock index futures, a derivative designed to hedge risks, the new product exacerbated market swings.
read more visit us Money
summary_0}
as informed in
Don't get intimidated by the 'crash callers' in the stock market
That means we now turn to a potential test of the support region noted on our 60-minute chart in the 2,320-2,330 region. We all think they have been calling for the market to go down in their crash scenarios. In reality, they have truly nailed this market, as we have certainly "crashed up."You see, the market was not "about to top" in the past year. But those who have thought the stock market would plummet imminently have been terribly misunderstood. We've all heard the "crash callers" — loud and clear — in the past year.
Why is Beijing declaring war on stock market 'crocodiles' now?
China Securities Regulatory Commission (CSRC) chairman Liu Shiyu told the stock market watchdog's annual work conference on February 10 that China would capture more crocodiles and would not allow tycoons to "suck the blood" of retail investors. In another example, a stock market circuit-breaker introduced at the start of last year with the intention of damping share price movements lasted just four days before it was abandoned after it sparked panicked sell-offs. Cha, the only non-mainlander to hold a vice-ministerial position in the central government, tried hard to implant mature, Hong Kong-style regulatory practices in the mainland market to stamp out insider trading. The collapse of a highly leveraged, 3 billion yuan (US$436 million) takeover bid for a Shanghai-listed animation company this month shone a spotlight on a shadowy corner of China's stock market that is worrying the authorities in Beijing. For instance, when the mainland allowed the trading of stock index futures, a derivative designed to hedge risks, the new product exacerbated market swings.
read more visit us Money
Comments
Post a Comment