Monday, January 4, 2016

China Halts Stock Trading For Day After Entire Market Crashes

http://www.zerohedge.com/news/2016-01-04/china-halts-stock-trading-day-after-entire-market-crashes

Following the initial halt in CSI-300 Futures at the 5% limit down level, the afternoon session opened to more carnage and amid the worst 'first day of the year' in at least 15 years, Chinese stocks collapsed further to a 7% crash. At 1334 local time, stock trading was halted for the rest of the day across all exchanges (at least two hours early). Dow futures are now down over 150 points from NYE close, Gold and Treasuries are bid, and offshore Yuan has plunged most since the August devaluation.

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