GREY:VMSTF - Post by User
Post by
tirouge1on Jul 08, 2015 8:02am
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Post# 23902038
Party Is OVER...!Overthere...!
Party Is OVER...!Overthere...!"
I don’t know about you but this feels like trying to stick your finger in the dyke well after the dam has broke. With more than 1000 companies trading on the exchanges in Shanghai demanding trade suspensions to bandage their gaping financial wounds, the full damage has yet to be tallied and the measures the Central Party have taken are at best temporary and undermine the legitimacy of the Chinese exchanges. It will be interesting to see the fallout of this market gutting mainly because I own no stock that will be directly affected by this plunge, but I can certainly imagine there are a lot of Chinese investors clearing their window ledge for a jump."
Read more at https://www.stockhouse.com/news/newswire/2015/07/08/chinese-government-scrambles-to-stem-its-market-blood-flow#XSZpwCaV4B33ObJZ.99