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Thread: Why didn't Chinese stock market increase?
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[quote=DREAMLIFE,330469]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.[/quote]
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