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China Stock Markets Trading Higher
Friday, November 11, 2016 - 12:23am | 244Chinese stocks were trading higher on Friday. The Shanghai Composite Index gained 19.22 points, or 0.61 percent to 3,190.50. The Chinese yuan dropped versus the U.S. dollar Friday. The central parity rate of the yuan slipped 230 basis points to 6.8115 versus the greenback on Friday. iShares...
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China Markets Rise; Shanghai Composite Index Up Over 1%
Thursday, November 10, 2016 - 12:23am | 185Chinese stocks were trading higher on Thursday. Republican Presidential candidate Donald Trump won the 2016 Presidential election against Hillary Clinton. The Shanghai Composite Index gained 35.75 points, or 1.14 percent to 3,164.12. The Chinese yuan declined to 6.7918 versus the U.S. dollar...
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China Markets Rise; U.S. Elections In Focus
Tuesday, November 8, 2016 - 12:06am | 218Chinese stocks were trading higher on Tuesday, ahead of the U.S. presidential election. The Shanghai Composite Index gained 19.2 points, or 0.61 percent to 3,152.52. In the spot market, the Chinese yuan was trading at 6.7791 versus the U.S. dollar, down 22 pips compared to the prior late...
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China Meltdown Sends Dow 400 Points Lower; Are Traders Worried Long-Term?
Thursday, January 7, 2016 - 4:05pm | 378Chinese stocks plunged on Thursday, forcing regulators to call another time-out and institute a second circuit breaker in as many days. That is, before the regulators said they are now suspending the circuit breaker system. The Shanghai Composite index closed 7 percent lower, causing a ripple...
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Cramer: 'In This Great Bear Market That Is China, The Government Will Be Able To Stabilize The Rate Of Decline'
Tuesday, July 28, 2015 - 1:09pm | 389After suffering significant declines on Monday, the Shanghai Composite Index again opened drastically lower Tuesday. However, by the end of closing Monday, the market recovered and ended the day down 1.68 percent. CNBC's Jim Cramer was recently seen discussing how the Chinese government might...
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Chinese Stocks Experience Largest Decline Since 2007
Monday, July 27, 2015 - 8:37am | 300Chinese stocks just experienced the worst single day of declines in more than eight years. Shares traded on the Shanghai Composite Index fell more than 8.5 percent, the result, according to some reports, of brokerages tightening margin requirements. Many of the companies on the Shanghai...
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A Duel In China: The Government Vs. The Markets
Friday, July 10, 2015 - 2:20pm | 975The Chinese Communist Party has taken aggressive measures to combat its decline in the nation's stock market, which had shed about a third of its value in less than a month. First, the country's government attempted to stem capital flight by freezing the holdings of any shareholder with over a 5...
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How China's Market Crash Could Impact The U.S.
Wednesday, July 8, 2015 - 3:10pm | 388After falling significantly last week, the Shanghai Composite Index again fell 5.90 percent Wednesday. Taking into account this recent move, the index is down more than 30 percent from its mid-June peak. However, it is still up more than 8 percent year-to-date. Russ Koesterich, chief investment...
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Chinese ADRs Are Crashing On Tuesday
Tuesday, July 7, 2015 - 1:01pm | 562The Chinese government took drastic action this week to support its crashing stock market. The Shanghai Composite has fallen 23 percent over the past month. To limit downside and restore confidence in its markets, the government has already implemented measures to help the country's top...
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China Evaluating Suspension Of IPOs
Monday, June 29, 2015 - 8:24am | 304The China Securities Regulatory Commission will meet on Monday to discuss a move to suspend initial public offerings in order to stabilize the nation's falling stock markets, according to sources cited by Bloomberg. The decision to halt new IPO listings would mark the ninth time the...
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China's Shanghai Composite Index Just Lost 7.7%
Monday, January 19, 2015 - 2:28pm | 202On Monday, China's Shanghai Composite Index plunged 7.7 percent, losing all the gains it made since late December, the largest daily drop in over six years. China's Securities Regulatory Commission stopped three large brokerages from extending margin accounts to new clients for three...
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Chinese Manufacturing Slumps Further In June; Liquidity Crunch Hurts Small Businesses
Monday, July 1, 2013 - 9:25am | 647China's manufacturing sector showed signs of slowing again in June as two key measures of manufacturing output fell to four- and nine-month lows respectively in the country that accounted for nearly 38 percent of world GDP growth and 21.8 percent of emerging market growth in 2012. Manufacturing...
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Benzinga Market Primer: Monday, June 24
Monday, June 24, 2013 - 6:41am | 946Futures Drop On China Fears, Easing Doubts As Chinese Stocks Plummet U.S. equity futures declined in early pre-market trade Monday on continued fears surrounding the Chinese economy. The People's Bank of China issued a statement attempting to reassure markets of the state of the Chinese economy...
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Chinese Economy Grows Faster Than Expected in Fourth Quarter, Shares Rise
Friday, January 18, 2013 - 7:56am | 400China reported late Thursday that the economy expanded at a faster rate than expected in the fourth quarter, positive signs for both the domestic and world economy. The National Bureau of Statistics in China reported that the economy grew at an annualized rate of 7.9 percent in the fourth quarter,...
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Benzinga Market Primer, Monday July 16
Monday, July 16, 2012 - 6:43am | 487U.S. equity futures fell early Monday following weakness in foreign markets. Chinese shares slumped to the lowest levels since March of 2009 following the weakening growth and trade data. The weakness in growth markets combined with the strength is U.S. stocks on Friday appears to have led futures...