Chinese stock market,dive over again
Posted on Oct-27-2008 · by china investor ( china investor had published 8853 articles)
One hour before,chinese stock market dive over again, SHANGHAI share index plunged 6.32 percent on Monday,I had report dive over in last thursday,since that day china goverment had take action to suppoer the weak market,for example reduce the tax of stock market,and I know some trader told metheir manger said only can buy shares now,do’t sale out.But shares dive over again.
Investor heard many news from economic slowdown,we know foreign trade is slowdown and some big company is closed,and many investor take care of foreign stock market,they use HengSheng Index in Hong Kong market as a referrence.
Now after many investor and media said “2000 point losed”,”1900 point losed”,today,news paper will say “1800 point losed”,now index closed at 1723 point,nobody know what will happend tomorrow.
China investor report in 2008-10-27

October 28th, 2008 at 7:09 am
[...] the financial crisis and the price of Oil dive over,Chinese coal output contine slow on.The raw coal ’s output is only 2,290,000,000 Tonnes [...]