Tuesday, July 7, 2015

China Market Meltdown !!!! July 8 , 2015 - Gravity has not been repealed - unfortunately chinese stock investors getting that news three weeks too late ! Lessons learned - ( 1) Stocks go down as well as up ; (2) margin debt is bad news , home gamers !


Tweets......

Chart: China's stock market unravels; full panic mode -





Rescue effort failing - 3 Future Indexes down daily limits of 10 % !






BREAKING: 180ETF and 50ETF, 2 of China's 4 biggest exchange-traded funds down 10% daily limit despite gov promise to boost bluechips, ETFs








... although some losses were pared as the PBoC vowed to support the market







Chinese equities slumped again overnight with nearly half of Chinese stocks halted for trade....





BREAKING: China's top state-owned enterprises incl. PetroChina joint statement to promise 1) won't sell stock 2) to increase their own stock







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'S STATE ASSET ADMINISTRATOR URGES CENTRAL GOVT-OWNED FIRMS TO BUY THEIR OWN STOCK TO STABILISE SHARE PRICE






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89% of stocks on Chinese market now halted.













  • Chinese media sources: Gov order not to report stock market related protests, especially recently in major cities like Shanghai and Beijing






    Value of Chinese collateral plunging far faster than outstanding margin loans










    At least with the dot-com crash all the stocks continued to trade. This China mess is something we’ve never seen before.









    's Margin Debt Outstanding Went Parabolic And Now It's Deleveraging -










    CHINA TRADING HALTS FREEZE $2.6 TRILLION, 40% OF TOTAL VALUE






    Chinese stocks on fire - and not in a good way ....












    BREAKING: China's Central Bank issued urgent statement after market opening to reaffirm all-level capital supports to stabilize stock market









    China has lost 15 Greeces in market cap in three weeks






















    CSRC spokesman: Regulator has decided to let gov margin finance agency to offer "enough liquidity support" to brokerages to stabilize market









    But... But... Central banks can't ever lose control












    CSRC spokesman: We noticed there's "tight liquidity" problem in stock market; we will try to improve liquidity and keep normal market order







    China halts entire market in 5...4...3...










    BUY Mortimer Buy !!!!!!!!!!








    Collapse: CITIC SECURITIES EXTENDS LOSSES IN H.K., FALLS AS MUCH AS 19%. Where is the money on the sidelines









    Panic in the disco .....






    Chart: Zinc (spot price) -





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    The turmoil spreads: China iron ore futures fall 8% to record low.










    Chart: The CRB BLS Metals sub-index shows spreading China contagion -