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Chinese stock markets suspended after shares fall 5%
Channel News Asia ^ | 07 Jan 2016

Posted on 01/06/2016 6:08:44 PM PST by TigerLikesRooster

Chinese stock markets suspended after shares fall 5%

Trading was halted for 15 minutes on China's stock markets on Thursday (Jan 7) morning after shares fell more than five per cent, triggering an automatic "circuit breaker".

Posted 07 Jan 2016 09:57

SHANGHAI: Trading was halted for 15 minutes on China's stock markets on Thursday (Jan 7) morning after shares fell more than five per cent, triggering an automatic "circuit breaker".

The benchmark Shanghai Composite Index slumped 5.45 per cent, or 183.14 points, to 3,178.70.

(Excerpt) Read more at channelnewsasia.com ...


TOPICS: Business/Economy; Foreign Affairs; Front Page News; News/Current Events
KEYWORDS: china; economy; stock
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1 posted on 01/06/2016 6:08:44 PM PST by TigerLikesRooster
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To: TigerLikesRooster; PAR35; AndyJackson; Thane_Banquo; nicksaunt; MadLibDisease; happygrl; ...

P!


2 posted on 01/06/2016 6:10:05 PM PST by TigerLikesRooster
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To: TigerLikesRooster

3 posted on 01/06/2016 6:12:03 PM PST by amorphous
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To: TigerLikesRooster

Might be a year to make money if anybody has some left.


4 posted on 01/06/2016 6:20:41 PM PST by eyedigress ((Old storm chaser from the west))
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To: TigerLikesRooster

The new year is starting out just great isn’t it?

North Korea possibly tests a hydrogen bomb....

Stock markets in China, the U.S. and elsewhere hit the skids....

Obama screwing around with our beloved Second Amendment.....

Muzzies sexually assault and rob scores of women in Cologne, Germany

.....and we are only six days into the new year!


5 posted on 01/06/2016 6:21:56 PM PST by july4thfreedomfoundation (Trump or Cruz in 2016. No others need apply.)
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To: amorphous

Looks like Obama’s red lines.


6 posted on 01/06/2016 6:25:23 PM PST by Ken H
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To: Ken H

You’re right! I hadn’t looked at it that way.


7 posted on 01/06/2016 6:28:59 PM PST by amorphous
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To: TigerLikesRooster

Down 7.32% now.


8 posted on 01/06/2016 6:29:36 PM PST by Ken H
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To: Ken H

http://www.bloomberg.com/news/articles/2016-01-07/chinese-stocks-trigger-trading-halt-after-csi-300-declines-5-

Trading stopped at 9:59 am local time—market closed.


9 posted on 01/06/2016 6:37:32 PM PST by exit82 ("The Taliban is on the inside of the building" E. Nordstrom 10-10-12)
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To: july4thfreedomfoundation

2016 is going to be the worse year in many peoples lifes. Get ready for it. Hopefully you have been prepping.


10 posted on 01/06/2016 6:39:43 PM PST by justa-hairyape (The use of the name is sarcastic. Although at times it may not appear that way.)
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To: exit82
Trading stopped at 9:59 am local time—market closed.

I guess that's one way for a bunch of traders to go home early. Scary times ahead.

11 posted on 01/06/2016 6:46:04 PM PST by NYRepublican72 (Democrats -- it's always someone else's fault.)
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To: NYRepublican72

Individuals and small traders are selling, panic in middle class in China


12 posted on 01/06/2016 6:51:41 PM PST by jennychase
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To: NYRepublican72

In China, its like 2008 USA stock market.


13 posted on 01/06/2016 6:52:31 PM PST by jennychase
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To: jennychase

No, it isnt like USA 2008. One major difference is that the Chinese today are trying to move their money *out* of China.


14 posted on 01/06/2016 7:11:15 PM PST by Southack (The one thing preppers need from the 1st World? http://tinyurl.com/ktfwljc .)
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To: jennychase

The problem with halting trade on the Chinese stock market is that an hour later, you’re down again.


15 posted on 01/06/2016 7:11:53 PM PST by Ken H
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To: Ken H

One wonders if insiders in China know something about NK...


16 posted on 01/06/2016 7:13:45 PM PST by Southack (The one thing preppers need from the 1st World? http://tinyurl.com/ktfwljc .)
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To: jennychase

The middle class is realizing they don’t exist. It’s kind of like the coyote going off the cliff...and not realizing Gravity is about to take over.


17 posted on 01/06/2016 7:28:10 PM PST by Vermont Lt
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To: july4thfreedomfoundation
"The new year is starting out just great isn’t it?

North Korea possibly tests a hydrogen bomb....
"

Oh, possibly. But our leaders want absolute proof before they accept it and pry money out of the salaries of government employees for funding to build our defense against it. Meanwhile, anyone can weigh the following against the denial speculation.

List of nuclear weapons tests: North Korea
Wikipedia
Main article: North Korea's nuclear testing series

On October 9, 2006, North Korea announced they had conducted a nuclear test in North Hamgyong Province on the northeast coast at 10:36 AM (11:30 AEST). There was a 3.58 magnitude earthquake reported in South Korea. There was a 4.2 magnitude tremor detected 240 miles north of P'yongyang. The low estimates on the yield of the test—potentially less than a kiloton in strength—have led to speculation as to whether it was a fizzle (unsuccessful test), or not a genuine nuclear test at all.

On May 25, 2009, North Korea announced having conducted a second nuclear test. A tremor, with magnitude reports ranging from 4.7 to 5.3, was detected at Mantapsan, 233 miles northeast of P'yongyang and within a few kilometers of the 2006 test location. While estimates as to yield are still uncertain, with reports ranging from 3 to 20 kilotons, the stronger tremor indicates a significantly larger yield than the 2006 test.

On 12 February 2013, North Korean state media announced it had conducted an underground nuclear test, its third in seven years. A tremor that exhibited a nuclear bomb signature with an initial magnitude 4.9 (later revised to 5.1) was detected by both Comprehensive Nuclear-Test-Ban Treaty Organization Preparatory Commission (CTBTO)[34] and the United States Geological Survey (USGS).[35] The tremor occurred at 11:57 local time (02:57 UTC) and the USGS said the hypocenter of the event was only one kilometer deep. South Korea's defense ministry said the event reading indicated a blast of six to seven kilotons.[36][37][38][39] However, there are some experts who estimate the yield to be up to 15 kt, since the test site's geology is not well understood.[40] In comparison, the atomic (fission) bombs dropped by the Enola Gay on Hiroshima (Little Boy, a "gun-type" atomic bomb) and on Nagasaki by Bockscar (Fat Man, an "implosion-type" atomic bomb) had blast yields of the equivalents of 13 and 21 kilotons of TNT, respectively.

On January 5, 2015, North Korean TV news anchors announced that they had successfully tested a "miniaturized atomic bomb", about 5 miles from the Punggye-ri nuclear site where a test was conducted in 2013.

On January 6, 2016, North Korea announced that it conducted a successful test of a hydrogen bomb. The seismic event, at a magnitude of 5.1, occurred 19 kilometers (12 miles) east-northeast of Sungjibaegam.[41]


18 posted on 01/06/2016 7:46:40 PM PST by familyop ("Welcome to Costco. I love you." --Costco greeter in "Idiocracy," example of today's politico.)
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To: amorphous

The commies are just making it worst


19 posted on 01/06/2016 7:58:43 PM PST by butlerweave
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To: Ken H

HAHAHAHAHAHAHAHAHA!!


20 posted on 01/06/2016 8:02:11 PM PST by Greetings_Puny_Humans (I mostly come out at night... mostly.)
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