Why didn't Chinese stock market increase?

Why didn't Chinese stock market increase?
Oct 15, 2008 03:24
DREAMLIFE Points: Join Date: Sep 5, 2007 Status: offline	On Monday, European countries pledged a total of €1,812bn ($2,420bn) as part of co-ordinated plans to deal with the financial crisis. Meantime, US government yesterday planed to use 250 billion dollars to help those problematic banks. The news greatly encouraged the stock markets in the world. The Japanese market jumped 14 percent yesterday. The Hang Seng Index in Hong Kong increase by 3.2 percent based on the 10.2 percent increase on Monday. The markets in South Korea, Australia and Thailand all increased yesterday. However, Chinese market still remained silent. Yesterday, its A-share market fell 2.17 compared with Monday. Today, it continued to decrease 1.06 percent when it opened. Too strange! I just wonder why Chinese stock market didn't increase as other markets.

Oct 15, 2008 03:24

DREAMLIFE
Points:
Join Date: Sep 5, 2007
Status: offline

On Monday, European countries pledged a total of €1,812bn ($2,420bn) as part of co-ordinated plans to deal with the financial crisis. Meantime, US government yesterday planed to use 250 billion dollars to help those problematic banks. The news greatly encouraged the stock markets in the world.

The Japanese market jumped 14 percent yesterday. The Hang Seng Index in Hong Kong increase by 3.2 percent based on the 10.2 percent increase on Monday. The markets in South Korea, Australia and Thailand all increased yesterday. However, Chinese market still remained silent. Yesterday, its A-share market fell 2.17 compared with Monday. Today, it continued to decrease 1.06 percent when it opened.

Too strange! I just wonder why Chinese stock market didn't increase as other markets.

Oct 15, 2008 06:33	#1
WCTMAN Points: Join Date: Dec 17, 2005 Status: Offline	I think it is because the Chinese stock market "players" are, for the most part, very new to the "game", and once bitten, twice shy. Many of them loved the ride up, and just hated the ride down, and they are not prepared to do that again any time soon.

Oct 16, 2008 20:27	#2
JIMMYB Points: Join Date: Feb 7, 2007 Status: Offline	Maybe Chinese players could forecast the stock market. On Wednesday, US and European markets slumped again.

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