Olympics fails to "light up" Chinese stock market

Olympics fails to "light up" Chinese stock market
Aug 11, 2008 04:29
KATRINA Points: Join Date: Nov 29, 2004 Status: offline	Jimmyb wrote a thread and asked if Olympics could light up Chinese stock market. Now I give him the answer "Olympics fails to 'light up' Chinese stock market." Today, Chinese stock market experienced its lowest level since China adopted reform policies to the stock market. The Shanghai Composite Index totally closed at 2470.07 points, slumping 5.21 percent. The Shenzhen Component Index went down by 488.63 points (5.64 percent). Probably, the investor's hope for a rise in the stock market has vanished. From today's performance, we didn't see "any changes" brought by Olympics. Before the Olympics, many people predict that the stock market will be stimulated by Beijing Olympics. However, things didn't go as they expected. Shares in Shanghai and Shenzhen Stock Exchanges have decreased by more than 5 percent. Totally disappointed! Do you believe the Olympics can boost Chinese stock market?

Aug 11, 2008 04:29

KATRINA
Points:
Join Date: Nov 29, 2004
Status: offline

Jimmyb wrote a thread and asked if Olympics could light up Chinese stock market. Now I give him the answer "Olympics fails to 'light up' Chinese stock market."

Today, Chinese stock market experienced its lowest level since China adopted reform policies to the stock market. The Shanghai Composite Index totally closed at 2470.07 points, slumping 5.21 percent. The Shenzhen Component Index went down by 488.63 points (5.64 percent). Probably, the investor's hope for a rise in the stock market has vanished.

From today's performance, we didn't see "any changes" brought by Olympics. Before the Olympics, many people predict that the stock market will be stimulated by Beijing Olympics. However, things didn't go as they expected. Shares in Shanghai and Shenzhen Stock Exchanges have decreased by more than 5 percent. Totally disappointed!

Do you believe the Olympics can boost Chinese stock market?

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