Search results
Results from the WOW.Com Content Network
2024 China stock market crash 2 Feb 2024 China: The Shanghai Composite Index plummeted from a high of 3703 in September 2021 to 2730 on 2 February 2024, marking a 26.3% decline ahead of the Chinese New Year. The government swiftly intervened in the stock market following the crash by prohibiting short selling and reshuffling government officials.
After the Chinese market drop, the Dow Jones Industrial Average in the United States dropped 416.02 points, or 3.29% from 12,632.26 to 12,216.24 amid fears for growth prospects, then the biggest one-day slide since the September 11, 2001, terrorist attacks. The S&P 500 saw a larger 3.47% slide.
FTSE China A50 Index (was known as FTSE–Xinhua China A50 Index) is a stock market index by FTSE Group (FTSE–Xinhua joint venture until 2010), the components were chosen from Shanghai Stock Exchange and Shenzhen Stock Exchange, which issue A-share; B-share (share for foreigners) were not included.
The astonishing losses, reminiscent of the last Chinese stock market crash of 2015-2016, highlight a crisis of confidence among investors concerned about the country’s future.
In Biden's first two years in office, the stock market has both boomed and busted. In 2021, Biden's first year, the S&P 500 returned over 26%, but this was followed by a drop of nearly 20% in 2022.
2007 – 2008 – A "stock market frenzy" as speculative traders rush into the market, making China's stock exchange temporarily the world's second largest in terms of turnover. [ 17 ] [ 18 ] After reaching an all-time high of 6,124.044 points on October 16, 2007, [ 19 ] the benchmark Shanghai Composite Index ended 2008 down a record 65% [ 20 ...
Hang Seng China 50 Index (51 P) Pages in category "Chinese stock market indices" ... This page was last edited on 1 July 2013, ...
Maley contends that still high stock valuations coupled with a new round of bad news in the form of the U.S.-China trade war could send stocks sharply lower. Not everyone is bearish, however. The ...