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Chinese stocks fall

By: clo in FFFT3 | Recommend this post (1)
Thu, 18 Jun 15 4:23 PM | 106 view(s)
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Chinese stocks fall

Chinese stock markets are heading for their steepest weekly fall since 2009, with the Shanghai composite index tumbling 3.7 percent overnight, taking its declines for the week to 7.4 percent. David Woo, head of global rates and currencies research at Bank of America, is warning that Chinese stocks are the world's largest bubble since the 1990's dot-com boom and that its eventual collapse will have consequences for markets around the world.

http://www.bloomberg.com/news/articles/2015-06-18/china-greece-cpi-what-s-moving-markets-this-morning

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