02Sep

China's Stocks Slump Ahead Of WW2 Commemoration Closure

China’s benchmark stock index dropped in volatile trading on the country's last trading day this week amid speculation that state funds intervened to stabilize the market before a major military parade on Thursday. The Shanghai index has now crashed by roughly 40% from its June 12 peak, erasing all gains made this year.

China’s stock markets close for two days
China’s markets will be closed Thursday and Friday to commemorate the 70th anniversary of the end of World War II. Investors will now . . .

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Author

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports

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