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China’s stock markets opened high on Friday after trading was halted early in the previous day as a seven-percent drop triggered the newly-introduced circuit breaker mechanism. The benchmark Shanghai Composite Index opened up 2.23 percent at 3,194.63 points Friday morning while the smaller Shenzhen index opened at 11,008.89 points, 2.31 percent up. Trading was halted for the day on the Shanghai and Shenzhen stock markets on Thursday morning after shares tumbled over seven percent and […]
SEPTEMBER 7 (CCTV) — China’s stock market has stabilized and risks have been released to some extent, the securities regulator said Sunday. Market transactions are currently normal for the most part, with liquidity being relatively abundant and innate stability being improved, the China Securities Regulatory Commission (CSRC). China securities regulator also said to deepen reforms, improve legal framework and enhance market supervision, by possibly introducing mechanisms such as a stock index circuit breaker system, in […]
