Posted:
#1
China stock market hit by biggest one-day fall since 2007
https://www.theguardian.com/business/2015/jul/27/china-stock-market-biggest-fall-2007
Chinese stock market
Views: 665
Posts: 5
Posted:
#2
Stocks fell across the board on Monday, with 2,247 companies falling, leaving only 77 gainers.
More than 1,500 shares listed in Shanghai and Shenzhen dived by their 10 percentage point daily limit, led by index heavyweights such asChina Unicom, Bank of Communications and PetroChina.
Posted:
#3
The government’s desperate attempts to goose the market were actually a key reason behind today’s drop, analysts said: “Investors are afraid the Chinese government will withdraw supporting measures from the market,” Sam Chi Yung, a strategist at Delta Asia Securities in Hong Kong told Bloomberg. “Once those disappear, the market cannot support itself.”
Unfortunately this will happen here someday soon. Not sure when, but it pretty soon. 
Posted:
#5
Their margin situation is much worse than ours..so what happens there wont happen here like that.
It reminds me a LITTLE of the 2000-ish time in the markets, I was a broker then and the retail fish was heavily margined and back then and for a time the margin rules were quite loose, but when the market dumped the exchanges firmed up the margin requirements and brokerage houses cut down on what was going on for their retail clients.
In China they are playing even looser and faster than we were in the 2000 era IMO of course..
So their drop could be much worse and faster than ours was.
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