Asian Market Update: China Plunge Protection Team Restores Market Calm

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jan 5, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    After yesterday's China-driven rout, a sense of calm has been restored thanks in no small part to intervention steps by authorities. With the key mainland indices unable to finish off the trading day on a circuit breaker halt due to 7% slide in CSI 300 index, the initial 3% drop[​IMG]

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