Category Archives: Shanghai stock exchange

The circuit breaker that failed; By K. Subramanian

CAS article no. 0015/2016 When China’s stock markets exploded in June-July last, the fall in stock values was precipitous and totally unanticipated. The bubble, in fact, had commenced ballooning since 2014 when stock index (CSI) rose by 135%. When the market crashed, though the values fell by one third, they were yet 80% over the previous year. What surprised global markets and the public was the ferocious response of the… Read Article →