China’s US$3 trillion stock surge triggers wild volatility reminiscent of 2015 crash
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China's stock market has surged by US$3 trillion, causing significant volatility similar to the 2015 crash; the CSI 300 Index's 10-day price swings are at levels not seen since August 2015; the index has dropped nearly 9% since Tuesday, giving back part of a 35% gain over three weeks; the ChiNext index surged 67% in seven days before losing half its gains; retail investors, numbering 220 million, are amplifying market fluctuations; daily turnover reached a record 3.43 trillion yuan (US$484.8 billion); profit-taking began after the 'golden week' holiday; net inflows into ETFs totaled 106 billion yuan; UBS's Meng Lei suggests a repeat of the 2015 meltdown is unlikely due to regulatory vigilance; volatility is expected to continue until further fiscal and property stimulus measures are implemented.
#China #StockMarket #Volatility #Csi300 #RetailInvestors #Etfs #FiscalStimulus #2015Crash #Profittaking #EconomicPolicy
https://www.scmp.com/business/china-business/article/3282008/chinas-us3-trillion-stock-surge-triggers-wild-volatility-reminiscent-2015-crash
South China Morning Post /
npub1x2…knuvq
2024-10-11 09:52:56
Author Public Key
npub1x2q0x7w5tqx0x3j9tdvkvqmetarpr8axhpjq7qw5xxrcysdwtrzssknuvqPublished at
2024-10-11 09:52:56Event JSON
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"content": "China’s US$3 trillion stock surge triggers wild volatility reminiscent of 2015 crash\n==========\n\nChina's stock market has surged by US$3 trillion, causing significant volatility similar to the 2015 crash; the CSI 300 Index's 10-day price swings are at levels not seen since August 2015; the index has dropped nearly 9% since Tuesday, giving back part of a 35% gain over three weeks; the ChiNext index surged 67% in seven days before losing half its gains; retail investors, numbering 220 million, are amplifying market fluctuations; daily turnover reached a record 3.43 trillion yuan (US$484.8 billion); profit-taking began after the 'golden week' holiday; net inflows into ETFs totaled 106 billion yuan; UBS's Meng Lei suggests a repeat of the 2015 meltdown is unlikely due to regulatory vigilance; volatility is expected to continue until further fiscal and property stimulus measures are implemented.\n\n#China #StockMarket #Volatility #Csi300 #RetailInvestors #Etfs #FiscalStimulus #2015Crash #Profittaking #EconomicPolicy\n\nhttps://www.scmp.com/business/china-business/article/3282008/chinas-us3-trillion-stock-surge-triggers-wild-volatility-reminiscent-2015-crash",
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