The Traderszone Network

Published in TZ Latest News 4 January, 2016 by The TZ Newswire Staff

China stocks face moment of truth after unprecedented trading halt

China’s six-month-old campaign to calm share markets will be put to the test when stocks reopen on Tuesday, a day after selling triggered an unprecedented trading halt and risked undermining state rescue efforts estimated to have cost around $140 billion. China’s major stock exchanges tanked on the first trading day of the year on Monday, triggering a “circuit-breaker” that halted equities trade nationwide for the first time and put at risk months of regulatory work to restore market stability.

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