Tweets......
Chart: China's stock market unravels; full panic mode -
fred walton retweeted lemasabachthani
Rescue effort failing - 3 Future Indexes down daily limits of 10 % !
fred walton added,
lemasabachthani @lemasabachthani
*CSI 300, CSI 500 AND SSE 50 INDEX FUTURES ALL FALL 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
Cate Long retweeted
Amanda Lee
#CHINA'S STATE ASSET ADMINISTRATOR URGES CENTRAL GOVT-OWNED FIRMS TO BUY THEIR OWN STOCK TO STABILISE SHARE PRICE
Edward Harrison retweeted
Cate Long
Cate Long retweeted Simon Rabinovitch
89% of stocks on Chinese market now halted.
Cate Long added,
Simon Rabinovitch @S_Rabinovitch
@cate_long @A_Reader_FT @PatrickMcGee_ 51% are frozen; 38% are limit-down. Limit-down is fluid, so could come off the floor if market rises
Patrick McGee
What we called QE with Chinese Characteristics yday:
PBoC funds buying stocks
http://on.ft.com/1IIeyvL
股灾
股灾
Stefanie Schulte and 9 others follow
Noah Smith
More disturbing economic and financial rumors from China: http://www.baldingsworld.com/2015/07/08/grab-bag-thoughts-for-the-day-on-china/ …
Chinese media sources: Gov order not to report stock market related protests, especially recently in major cities like Shanghai and Beijing
d.
At least with the dot-com crash all the stocks continued to trade. This China mess is something we’ve never seen before.
Wolf Richter and 3 others follow
DvNet
#China's Margin Debt Outstanding Went Parabolic And Now It's Deleveraging - http://goo.gl/SoTZbZ $SSEC $SZSE $ASHR
fred walton retweeted George Chen
Chinese stocks on fire - and not in a good way ....
fred walton added,
George Chen @george_chen
BREAKING: Benchmark Shanghai index down over 8% within just few minutes after opening today; now only 3 stocks up; over 1300 stocks down 10%
Stalingrad & Poorski
BREAKING: China's Central Bank issued urgent statement after market opening to reaffirm all-level capital supports to stabilize stock market
Pessimism persists among Chinese investors despite Gov measures to rescue market http://www.scmp.com/news/china/economy/article/1834010/pessimism-persists-among-chinese-investors-despite-government … @SCMP_News
China Crashes Most Since 2007 Amid "Panic Sentiment"; Over Half Stocks Suspended, PBOC Promises "Liquidity Support" http://www.zerohedge.com/news/2015-07-07/china-futures-plunge-8-over-half-stocks-suspended-margin-debt-crashes-most-record …
CSRC spokesman: Regulator has decided to let gov margin finance agency to offer "enough liquidity support" to brokerages to stabilize market
CSRC spokesman: We noticed there's "tight liquidity" problem in stock market; we will try to improve liquidity and keep normal market order
fred walton retweeted George Chen
BUY Mortimer Buy !!!!!!!!!!
fred walton added,
George Chen @george_chen
CSRC spokesman: Regulator has ordered gov margin finance agency to buy more mid- and small-cap shocks while investing in large-cap bluechips
Collapse: CITIC SECURITIES EXTENDS LOSSES IN H.K., FALLS AS MUCH AS 19%. Where is the money on the sidelines
fred walton retweeted George Chen
Panic in the disco .....
fred walton added,
George Chen @george_chen
BREAKING: There's "panic sentiment" currently in our stock market with "unreasonable selling" pressure - China's stock regulator spokesman
Chart: Zinc (spot price) -
zerohedge retweeted
Chart: The CRB BLS Metals sub-index shows spreading China contagion -
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