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WTF? China's Stock Market Crashing!!

 
Anonymous Coward
User ID: 883992
United States
05/17/2010 03:19 AM
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WTF? China's Stock Market Crashing!!
Down 5%!!!

[link to data.cnbc.com]
Anonymous Coward
User ID: 972797
Japan
05/17/2010 03:21 AM
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Re: WTF? China's Stock Market Crashing!!
so it begins.... hiding
Anonymous Coward (OP)
User ID: 883992
United States
05/17/2010 03:31 AM
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Re: WTF? China's Stock Market Crashing!!
bump

5.55% here!
[link to quote.morningstar.com]
Mell Fungshon

User ID: 972014
Germany
05/17/2010 03:43 AM
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Re: WTF? China's Stock Market Crashing!!
why china?
Anonymous Coward
User ID: 945295
United States
05/17/2010 03:45 AM
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Re: WTF? China's Stock Market Crashing!!
its a rice sell off
resistor
User ID: 956398
Belgium
05/17/2010 03:46 AM
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Re: WTF? China's Stock Market Crashing!!
Because china is big exporter now if the eurozone is kind of screwed they know this will have an impact on their exports or something like that.

Same thing with us everything comes from china so when stocks go down in us along with consumer confidance then chinese exports might be affected so traders start to speculate on a lower demand......
Anonymous Coward
User ID: 972938
Malaysia
05/17/2010 03:47 AM
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Re: WTF? China's Stock Market Crashing!!
why china?
 Quoting: Mell Fungshon





Bubble
Anonymous Coward
User ID: 90749
United States
05/17/2010 03:47 AM
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Re: WTF? China's Stock Market Crashing!!
Going, going, Gong!
Anonymous Coward
User ID: 919411
United States
05/17/2010 03:48 AM
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Re: WTF? China's Stock Market Crashing!!
China -5.07%

03:47 am EST
Anonymous Coward
User ID: 919411
United States
05/17/2010 03:48 AM
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Re: WTF? China's Stock Market Crashing!!
bump
Anonymous Coward
User ID: 90749
United States
05/17/2010 03:50 AM
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Re: WTF? China's Stock Market Crashing!!
Because china is big exporter now if the eurozone is kind of screwed they know this will have an impact on their exports or something like that.

Same thing with us everything comes from china so when stocks go down in us along with consumer confidance then chinese exports might be affected so traders start to speculate on a lower demand......
 Quoting: resistor 956398



China's like, "OH FUCK! We'll have to enjoy some of this shit for ourselves! How are we going to continue to compile useless paper promissory notes!!!"
Anonymous Coward (OP)
User ID: 883992
United States
05/17/2010 03:51 AM
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Re: WTF? China's Stock Market Crashing!!
It looks like it ended on the day's low.

Quote Data as of 05-17-2010 03:59 PM CST
Last Value
2,559.93
Day Change
150.53 (-5.55%)

[link to quote.morningstar.com]
Anonymous Coward
User ID: 972886
United States
05/17/2010 03:53 AM
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Re: WTF? China's Stock Market Crashing!!
why china?
 Quoting: Mell Fungshon

I read recently that there has been a massive house price bubble in China which recently burst. Home prices are down as much as 30% in parts of China. That's as bad as housing bubble regions in the US. That China might be a bubble economy is one of the worst things yet in this great recession. Alot of people thought a growing China would bail the world out of this mess. From what news is coming out of late, it ain't happening. They're gonna have to deal with their underwater mortgages first.
Anonymous Coward
User ID: 972948
China
05/17/2010 03:53 AM
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Re: WTF? China's Stock Market Crashing!!
Old Chinese proverb "what goes up must come down"
Anonymous Coward
User ID: 959446
Australia
05/17/2010 03:55 AM
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Re: WTF? China's Stock Market Crashing!!
10%+ is a crash
Anonymous Coward
User ID: 877784
United States
05/17/2010 04:01 AM
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Re: WTF? China's Stock Market Crashing!!
Maybe now we can bring back some manufacturing jobs to this country
Anonymous Coward
User ID: 972938
Malaysia
05/17/2010 04:03 AM
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Re: WTF? China's Stock Market Crashing!!
Maybe now we can bring back some manufacturing jobs to this country
 Quoting: cibrell





In yer dream
Anonymous Coward
User ID: 970705
Canada
05/17/2010 04:05 AM
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Re: WTF? China's Stock Market Crashing!!
Old Chinese proverb "what goes up must come down"
 Quoting: Anonymous Coward 972948



How long as that wall been up now?
Bagatell

User ID: 768577
Spain
05/17/2010 04:05 AM
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Re: WTF? China's Stock Market Crashing!!
Maybe now we can bring back some manufacturing jobs to this country




In yer dream
 Quoting: Anonymous Coward 972938



and in your far future (if you have one)
Vesper

User ID: 860438
United States
05/17/2010 07:09 AM
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Re: WTF? China's Stock Market Crashing!!
so it begins.... hiding
 Quoting: Robbin n Stealin

oh yeah,the second GREAT DEPRESSION
"I am searching for the bones of your father but cannot distinguish them from those of a slave." Diogenes

"Some have little power to do good, and have likewise little strength to resist evil" (Samuel Johnson).



"The basic difference between an ordinary man and a warrior is that a warrior takes everything as a challenge, while an ordinary man takes everything as a blessing or as a curse."--Don Juan
Nailer45

User ID: 973028
United States
05/17/2010 07:13 AM
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Re: WTF? China's Stock Market Crashing!!
Australia ASX All Ordinaries Australia -142.30 -3.06% 4,500.70 3:56am ET

Shanghai SE Composite Index China -136.70 -5.07% 2,559.93 3:01am ET

Hang Seng Hong Kong -430.23 -2.14% 19,715.20 4:16am ET

Mumbai Sensex India -159.04 -0.94% 16,835.56 6:29am ET

Nikkei 225 Japan -226.75 -2.17% 10,235.76 2:00am ET

Taiwan TSEC 50 Index Taiwan -173.41 -2.23% 7,598.72 1:32am ET

[link to money.cnn.com]
Experience hath shewn, that even under the best forms of government those entrusted with power have, in time, and by slow operations, perverted it into tyranny.
Thomas Jefferson
Vesper

User ID: 860438
United States
05/17/2010 07:14 AM
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Re: WTF? China's Stock Market Crashing!!
bump
"I am searching for the bones of your father but cannot distinguish them from those of a slave." Diogenes

"Some have little power to do good, and have likewise little strength to resist evil" (Samuel Johnson).



"The basic difference between an ordinary man and a warrior is that a warrior takes everything as a challenge, while an ordinary man takes everything as a blessing or as a curse."--Don Juan
Jessica6

User ID: 956591
Canada
05/17/2010 07:18 AM
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Re: WTF? China's Stock Market Crashing!!
The major European indices are all up again though. And US futures.

They say that Chinese stocks are a leading indicator though - the Chinese markets fell well ahead of the rest of the world in 08 too.
The urge to save humanity is always a false front for the urge to rule it. - HL Mencken
Anonymous Coward
User ID: 962321
United States
05/17/2010 07:32 AM
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Re: WTF? China's Stock Market Crashing!!
Old Chinese proverb "what goes up must come down"



How long as that wall been up now?
 Quoting: Anonymous Coward 970705

chuckle
Anonymous Coward
User ID: 930693
United States
05/17/2010 07:40 AM
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Re: WTF? China's Stock Market Crashing!!
so it begins.... hiding
 Quoting: Robbin n Stealin



"So it begins" is like "genius", "diva", and "expert". They are the most overused words in the English language!!!!

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