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Thread: Slippery shares, weak funds, what are you going to do, investors?
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[quote=YVONNE,276171]After US Fed agrees Morgan Stanley to fund Bear Stearns, Asian stock market suffered intense selling pressure from it. The investors are afraid that the credit crisis might cause more victims, following the bail-out of Bear Stearns. MSCI Asia Pacific ex-Japan index experienced its lowest level yesterday since August last year. Nikkei 225 Average went down 3.7 percent. In Hong Kong, HSI slided down 5.7 percent. In mainland, Shanghai Composite index dropped 3.6 percent, closing at 3820.05 points. The investors are worried that the central government might raise the interest rates very soon and this makes them be pessimistic about the market. Many investors have transferred their money from the stock market and the turnover declined. Thus, these stock exchange firms start to decrease the commission to stablize the investors. In addition, the funds dropped sharply. It is reported that about 91 funds have dropped below one yuan. Five QDII funds were also included. Facing such a situaion, what are you going to do, investors? Retreat or stick to it? [/quote]
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