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The Hang Seng, -1.5%, suffers its worst loss in 6 weeks, led by a 4% decline in China Minsheng...

The Hang Seng, -1.5%, suffers its worst loss in 6 weeks, led by a 4% decline in China Minsheng Bank after a JPMorgan downgrade. Also hammered are coal producers amidst reports of sky-high inventories and a 10% dive in Shandong coking coal prices last week. Yanzhou Coal (YZC) fell 6.2%.
Comments (1)
  • pomperj
    , contributor
    Comments (73) | Send Message
     
    Shanghai index FXI is at 1 year Support line,
    after falling all august month; so,
    I think we are getting ready for a rally,
    a big rally, maybe 40-50% in 2 months.
    6 Sep 2012, 10:55 AM Reply Like
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