Nov. 27, 2009 (Chinavestor) News that Dubai was asking lenders to reschedule interest payment shook world markets world wide sending Chinese shares tumbling in Asia. But markets recovered from steep losses in Europe in the afternoon trading. The Hang Seng Index fell over -1,000 points or -4.8% on fears about the health of the global economy. Each and every component of the 44 member Hang Seng Index fell for the first time in 2009. Mining, resource and energy plays were hit the hardest. Chinese stocks led the decline, the HSCE index, measuring the performance of Mainland China stocks, fell 5.13%. Chinese stocks did a little better in Shanghai declining "only" -2.36%. The Shanghai Composite index shed -74.72 points or -2.36% to 3,096.26 at the close.
Nov. 27, 2009 (Chinavestor) "Black Friday" should be all about shopping at crazy low prices but this one started out as "Red Friday" for China stocks. The Hang Seng index fell 4.84% with every sin...
Nov. 25, 2009 (Chinavestor) Strong market day in Shanghai and Hong Kong is always a catalyst for China stocks. Add to this that index futures suggest s positive open and the stage is set for a big m...
Nov. 25, 2009 (Chinavestor) Don't expect much action a day before Thanksgiving. Looking at the NYSE calendar, the markets will be closed tomorrow and open for a short session on Friday. This lack ...
Nov. 24, 2009 (Chinavestor) China stock fell in Asia following news that banks will have to sell shares to raise capital. Chinese banks recoded record loan growth in 2009, part of Beijing's policies t...
