China’s Cabinet advises stock market regulators

Date April 2, 2008

On the follow up to the huge stock market crash witnessed in various asian stock markets, the Chinese cabinet seems to have taken the initiative and has advised the financial market regulators of China to promote healthy practices in the chinese stock markets. The main stock market Index of China, better known as SSEC or the Shanghai Composite Index has witnessed a whooping 34% crash in the first quarter of the current year. This has been one of the steepest first quarter crash witnessed by the chinese stock markets in many decades.

Category Posted in Asian Stock Market