Chinese regulators and the PBOC continue to try and stop the
stock market crash in China. In a new twist to the drama, more than one-third
of Chinese stocks have applied for a ‘trading halt’. Say what? The Chinese
stock regulators appear to be making up rules as they go along but that is
guaranteed in a communist society. Many stocks will take a ‘trading halt’ and
not trade as ridiculous as this sounds. The stock will simply move to the side
and not trade for a few days or longer.
If you own stock in one of these companies that plan a ‘trading
halt’, your money is frozen and trapped until the regulators, in conjunction
with the company, allow the stock to
[Text is Redacted: Purchase July 2015-07 to Read the Complete Chronology]
10-year 2.1975%, 30-year 2.98%. German bund 0.676%. Japan 10-year yield 0.457%.
[Text is Redacted: Purchase July 2015-07 to Read the Complete Chronology]
10-year 2.1975%, 30-year 2.98%. German bund 0.676%. Japan 10-year yield 0.457%.
Technicians are working late hours at the NYSE continuing to
address the software malfunction outage.
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