Most Read Posts
China Stocks Extend Biggest Plunge Since 2007 on Support Doubts
©2015 Bloomberg News NTM8W16K50XW (Bloomberg) — Chinese stocks slumped for a fourth day, extending the steepest rout since 2007, on concern the government is paring back support for the market. The Shanghai Composite Index tumbled 4.5 percent to 3,065.25 at 10 a.m. local time, heading for the lowest close in
Chinese College Kid’s Secret Stock Trade Shows Moral Hazard
©2015 Bloomberg News NRGFHF6KLVR6 (Bloomberg) — Lu Tao can’t sleep. He gets bouts of panic at night. And he’s too afraid to tell his parents why. The 23-year-old university student in Hangzhou, a city on China’s eastern seaboard, has a stock-market problem. He borrowed 200,000 yuan ($32,215) from mom and
