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Foreign Markets Question
How much is the Chinese market down so far this year?
Asked by ChuckF in
Foreign Markets
one year ago
Answers
161 points
wilson323 answered one year ago …
The peak was at 6124.04 Oct 2007. Now the Shanghai Index is 2748.87 as at today. So the market is already down more than 50%, and I've yet seen the market is going to bottom out. The market is pretty much oversold, but there is no favorable news in to support the market. We shall see how much will the crazy Chinese market goes.
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