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Investors Lose $1T in China s Wild Week of Market Shocks

Investors Lose $1T in China s Wild Week of Market Shocks
thinkadvisor.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thinkadvisor.com Daily Mail and Mail on Sunday newspapers.

China Convenes Banks in Bid to Restore Calm After Stock

The hastily arranged call, which included attendees from several major international banks, was led by China Securities Regulatory Commission Vice Chairman Fang Xinghai, people familiar with the matter said, asking not to be named discussing private information. Some bankers left with the message that the education policies were targeted and not intended to hurt companies in other industries, the people said.It’s the latest sign that Chinese authorities have become uncomfortable with a selloff that sent the nation’s key stock indexes to the brink of a bear market on Wednesday morning. State-run media have published a series of articles suggesting the rout is overdone, while some analysts have speculated government-linked funds have begun intervening to prop up the market.China’s official Xinhua News Agency said in an article late Wednesday that recent policies targeting internet platforms and after-school tutoring are aimed at protecting online data security and social welf

Chinese Stocks Rebound After Regulatory Scare

Chinese Stocks Rebound After Regulatory Scare
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