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Hang Seng is CRASHING!

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  • #1

    Hang Seng is CRASHING!

    As of now, things are getting from worse to unspeakable:

    HANG SENG INDEX(HKSE: ^HSI)
    Index Value: 16,452.02
    Trade Time: 12:05AM ET
    Change: 1,185.17 (6.72%)
    Prev Close: 17,637.19
    Open: 17,120.23
    Day's Range: 16,283.72 - 17,120.23
    52wk Range: 17,637.20 - 31,958.40


    I guess Chinese investors are now learning the true nature of "capitalism"...

    -L.

    Update: In the last 30 sec... its now down more than 7%...
    Tags: None
  • #2
    Re: Hang Seng is CRASHING!

    Here is a decent link to follow the Asian markets, for those interested in such. http://www.bloomberg.com/markets/sto...i_region3.html
    Jim 69 y/o

    "...Texans...the lowest form of white man there is." Robert Duvall, as Al Sieber, in "Geronimo." (see "Location" for examples.)

    Dedicated to the idea that all people deserve a chance for a healthy productive life. B&M Gates Fdn.

    Good judgement comes from experience; experience comes from bad judgement. Unknown.

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    • #3
      Re: Hang Seng is CRASHING!

      Originally posted by LargoWinch View Post
      As of now, things are getting from worse to unspeakable:

      HANG SENG INDEX(HKSE: ^HSI)
      Index Value: 16,452.02
      Trade Time: 12:05AM ET
      Change: 1,185.17 (6.72%)
      Prev Close: 17,637.19
      Open: 17,120.23
      Day's Range: 16,283.72 - 17,120.23
      52wk Range: 17,637.20 - 31,958.40


      I guess Chinese investors are now learning the true nature of "capitalism"...

      -L.

      Update: In the last 30 sec... its now down more than 7%...
      And maybe the Chinese have their own PPT (CIC?). Hang Seng closed flat at 17,632.46. WTF?!?

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