Shanghai Composite picking up strongly as fund managers buy stocks

Monday, July 6th 2015 - 08:46 UTC

Full article 2 comments

Mainland Chinese shares surged nearly 8% on Monday despite the rest of Asian markets trading lower on Greece's rejection of austerity demands. The Shanghai Composite was up 2.6% to 3,783.69 after the government announced measures over the weekend to stabilize the tumbling stock markets. Read full article

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yankeeboy
It won't work in the long run. China is just about out of options. They can't save their economy.

Told ya....
Jul 06th, 2015 - 10:22 am - Link - Report abuse 0
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JoseAngeldeMonterrey
It actually did not work. The composite collapsed once again. The Chinese government has done it all: cut interest rates several times, easy taxes, ease regulations, inject massive funds, to no avail. China´s economy is sick.
Jul 07th, 2015 - 02:26 am - Link - Report abuse 0
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