The Shanghai Market Got Pulverized

The Chinese market got a little lift last week on some hopes that the government was going to press the pedal on some fiscal stimulus.

The effects of that are wearing off.

The Shanghai Composite (via Bloomberg) fell over 2% last night. The index is about 50 points above its low for the year.


Photo: Bloomberg

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.