Trading resumes for China’s stock market

By Staff | January 8, 2016 | Last updated on January 8, 2016
1 min read

China’s major stock indexes are back in business, reports Reuters.

It says, “[They] regained some ground on Friday after Beijing ditched a circuit breaker mechanism that halted trading twice this week, and [which] had been blamed for exacerbating the market sell-offs it was designed to limit.”

Reuters adds the People’s Bank of China has also hiked its guidance rate for the yuan. Read more.

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.