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The Shanghai Composite (FXI, CAF) tumbles again, off another 3.8% in late morning trade,...

The Shanghai Composite (FXI, CAF) tumbles again, off another 3.8% in late morning trade, bringing its loss over the last session and a half to about 9%. The Hang Seng (EWH) is lower by 1.1%. Elsewhere in the region - Japan, South Korea, Australia - shares are marginally higher. S&P 500 futures -0.25%.
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Comments (2)
  • Seth Walters
    , contributor
    Comments (677) | Send Message
     
    The shanghai index dropped over 5% and then recovered to trade flat. Must be some relevant news?
    25 Jun 2013, 02:58 AM Reply Like
  • june1234
    , contributor
    Comments (3259) | Send Message
     
    Worlds 2nd largest economy is still growing 7 or 4% depending on whose numbers you believe; either way thats growth; yet despite that growth their markets keep tanking. Never had/has anything to do with GDP, demographics, in or deflation. Remains across the globe a financial leverage problem a very big leverage problem.
    25 Jun 2013, 05:22 AM Reply Like
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