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Don't count too heavily on China's domestic market

November 3, 2008
China financial markets
Don't count too heavily on China's domestic market There’s still no respite for Chinese stocks.? The market bounced around violently today with the SSE Composite making at least eight or nine up or down moves of more than 1%, before closing the day at 1720, down 0.5% for the day.? This is the lowest closing in over two years (it closed at 1722 on September 15, 2006).? The declines were led by industrial companies this time – not the usual banks and real estate developers – because of Friday’s data release... RSS Share it

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