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originally posted by: johnb
It looks like China has closed its financial markets.
bloomberg link
from link
Chinese authorities have decided to suspend trading on the Shanghai and Shenzhen stock exchanges.
This move comes as the Wuhan coronavirus outbreak grows in size and severity.
The government is kicking the can down the road. Investors can expect a massive correction when trading resumes next Monday.
China’s financial markets will remain shuttered until Feb. 3 due to coronavirus fears, according to separate announcements from the Shanghai and Shenzhen exchanges.
originally posted by: REalBEL
So two busloads of Chinese brothers and sisters were transported around Japan. At least one of these was infected. Did these tourists sight see and visit popular places in Japan possibly infecting 1000s more?
This thing was designed to stay hidden while it spreads. That's how I designed mine in plauge Inc. Japan screwed.
for a reply to: Agit8dChop
originally posted by: Power_Semi
originally posted by: johnb
It looks like China has closed its financial markets.
bloomberg link
from link
Chinese authorities have decided to suspend trading on the Shanghai and Shenzhen stock exchanges.
This move comes as the Wuhan coronavirus outbreak grows in size and severity.
The government is kicking the can down the road. Investors can expect a massive correction when trading resumes next Monday.
China’s financial markets will remain shuttered until Feb. 3 due to coronavirus fears, according to separate announcements from the Shanghai and Shenzhen exchanges.
What that suggests to me is that a BIG bad news update is going to be released very soon, and they're shutting the markets to stop them being hammered into oblivion.
Watch the news carefully...
originally posted by: Necrose
originally posted by: Power_Semi
originally posted by: johnb
It looks like China has closed its financial markets.
bloomberg link
from link
Chinese authorities have decided to suspend trading on the Shanghai and Shenzhen stock exchanges.
This move comes as the Wuhan coronavirus outbreak grows in size and severity.
The government is kicking the can down the road. Investors can expect a massive correction when trading resumes next Monday.
China’s financial markets will remain shuttered until Feb. 3 due to coronavirus fears, according to separate announcements from the Shanghai and Shenzhen exchanges.
What that suggests to me is that a BIG bad news update is going to be released very soon, and they're shutting the markets to stop them being hammered into oblivion.
Watch the news carefully...
Stock exchanges in China (actually everywhere in the world) halt all operations when the market plunges 7%.
The "circuit-breaker" mechanism was implemented in 2016.
Trading resumes after a 15-minute break.
Level 2 is 13% = also a 15-min break.
Level 3 is 20% = trading resumes the next day
(Not sure if they got Level 2 and 3 in China)
originally posted by: Power_Semi
originally posted by: Necrose
originally posted by: Power_Semi
originally posted by: johnb
It looks like China has closed its financial markets.
bloomberg link
from link
Chinese authorities have decided to suspend trading on the Shanghai and Shenzhen stock exchanges.
This move comes as the Wuhan coronavirus outbreak grows in size and severity.
The government is kicking the can down the road. Investors can expect a massive correction when trading resumes next Monday.
China’s financial markets will remain shuttered until Feb. 3 due to coronavirus fears, according to separate announcements from the Shanghai and Shenzhen exchanges.
What that suggests to me is that a BIG bad news update is going to be released very soon, and they're shutting the markets to stop them being hammered into oblivion.
Watch the news carefully...
Stock exchanges in China (actually everywhere in the world) halt all operations when the market plunges 7%.
The "circuit-breaker" mechanism was implemented in 2016.
Trading resumes after a 15-minute break.
Level 2 is 13% = also a 15-min break.
Level 3 is 20% = trading resumes the next day
(Not sure if they got Level 2 and 3 in China)
It's not a 15 minute break, they've shut down til next Monday.
originally posted by: burdman30ott6
a reply to: Nyiah
www.channelnewsasia.com...
A German man has contracted the virus from a Chinese co-worker who got sick shortly after she returned from China. The article doesn't specifically state that he is a lily white European, but he is from Starnberg and caught the virus when the two were attending a conference in Bavaria.
It may be time to stop viewing this from behind a self imposed veil of fabricated ethnic security and acknowledge the fact that this virus isn't racist and can slap any human to the floor.
originally posted by: johnb
a reply to: Necrose
Exactly so why closed till next week?
Also India in Kerala is monitoring 436 (2 tested negative) 5 still in isolation.
India Times link
originally posted by: Necrose
originally posted by: Power_Semi
originally posted by: Necrose
originally posted by: Power_Semi
originally posted by: johnb
It looks like China has closed its financial markets.
bloomberg link
from link
Chinese authorities have decided to suspend trading on the Shanghai and Shenzhen stock exchanges.
This move comes as the Wuhan coronavirus outbreak grows in size and severity.
The government is kicking the can down the road. Investors can expect a massive correction when trading resumes next Monday.
China’s financial markets will remain shuttered until Feb. 3 due to coronavirus fears, according to separate announcements from the Shanghai and Shenzhen exchanges.
What that suggests to me is that a BIG bad news update is going to be released very soon, and they're shutting the markets to stop them being hammered into oblivion.
Watch the news carefully...
Stock exchanges in China (actually everywhere in the world) halt all operations when the market plunges 7%.
The "circuit-breaker" mechanism was implemented in 2016.
Trading resumes after a 15-minute break.
Level 2 is 13% = also a 15-min break.
Level 3 is 20% = trading resumes the next day
(Not sure if they got Level 2 and 3 in China)
It's not a 15 minute break, they've shut down til next Monday.
I know, I actually posted about it yesterday.... was just explaining what happens when the market plummets into oblivion. It can't just go down like 30% in an hour
originally posted by: Village Idiot
I heard on the news here in Queensland that 2 private schools will stay closed as they host a few Chinese students, on the bright side, the University of Queensland is confident to have a vaccine within 16 weeks.
originally posted by: Necrose
originally posted by: Village Idiot
I heard on the news here in Queensland that 2 private schools will stay closed as they host a few Chinese students, on the bright side, the University of Queensland is confident to have a vaccine within 16 weeks.
Would take months for human trials to even begin