I just saw the news, and this reminded me of my 2/17/15 dream... The sand (beach) must of meant summer time here... So the U.S. Market has to compete against this news...
http://www.reuters.com/article/2015/07/08/us-china-stocks-idUSKCN0PI04Q20150708
China Then 3,246.91. Now 3,575.76
| Hong Kong Then 24,784.88. Now 23,923.37 |
"At the moment there is a mood of panic in the market and a large increase in irrational dumping of shares, causing a strain of liquidity in the stock market," China Securities Regulatory Commission said in statement.
Since June 12, the Shanghai Composite has lost an unnerving 32%. The Shenzhen market, which has more tech companies and is often compared to America's Nasdaq index, is down 41% over the same period.
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