Search Results for: Shanghai
During Every Market Crash There Are Big Ups, Big Downs And Giant Waves Of Momentum
August 26th, 2015
This is exactly the type of market behavior that we would expect to see during the early stages of a major financial crisis. In every major market downturn throughout history there were big ups, big downs and giant waves of momentum, ...
Announcement on receipt of notice of investigation from China Securities Regulatory Commission
August 26th, 2015
On 24 August 2015, Haitong Securities Co., Ltd. (the “Company”) received the Notice of Investigation (Jin Zheng Diao Cha Zi No. ) from the China Securities Regulatory Commission (the “CSRC”), which stated that the CSRC had decided to carry ...
Gold Prices Prove Solid as Major Chinese Stock Indices Hit their Lowest Level since December
August 26th, 2015
Gold prices quickly touched a new 7-week high of $1169 per ounce on Tuesday morning in London, while European and US stock market indices bounced back after the shockwaves sent by the recent sharp decline of Chinese equities. Silver fell ...
China shares rise amid sharp volatility
August 26th, 2015
Chinese shares were up amid volatile trade as traders gauge the effect of a fresh rate cut by the central bank. The mainland’s benchmark Shanghai Composite was 3.1% higher at 3,054.97, recovering from early morning losses. The index had ...
Gold settles lower; other metals slide
August 25th, 2015
Palladium slides nearly 5%; copper still at 6-year low Gold futures failed to score any gains on Monday, despite its reputation as a refuge in times of market turmoil, while other metals took a hit on the latest rout ...
UAE stocks get off lightly as global rout persists
August 25th, 2015
UAE investors helped local equities escape relatively unscathed yesterday, even as plummeting Chinese stocks and additional pressure on oil prices provoked a further global sell-off of shares. China’s Shanghai Composite plunged 8.4 per cent yesterday, despite a move by ...
Global tech IPO market surges 57% in second quarter
August 25th, 2015
The global technology IPO market continued to exhibit its strength in the second quarter, with 36 IPOs and total proceeds of US$6.2 billion, according to PwC’s Global Technology IPO Review. The number of offerings marked a 57% increase over the ...
Baker & McKenzie announces global revenues of $2.43 billion
August 25th, 2015
Revenues up 2.2% Total productivity hits an all time high – up 5% Record number of partner promotions – over 40% are women Good growth expected in Fiscal Year 2016 Baker & McKenzie, the world’s premier global law firm, ...
Dow plunges after rollercoaster trading on ‘Black Monday’ for global markets
August 25th, 2015
Dow’s 586-point drop puts it on track for its worst month since February 2009 as White House seeks to reassure investors that US economy can withstand volatility Hundreds of billions of dollars were wiped off global stocks on Monday ...
China stocks slump again in absence of government support; Hong Kong rebounds
August 25th, 2015
China stocks slumped about 4 percent on Tuesday, touching eight-month lows, as investors dumped shares after a grim “Black Monday” that battered global markets but failed to prompt fresh rescue measures from Beijing. After opening 6.4 percent lower, the ...