By definition, 'trading hour' is defined as the time span during which a stock exchange is open. During this period, shares and derivative contracts are bought and sold
While the earlier facile assumption of China becoming a larger economy than the US may need revision, a re-balancing of global power seems more likely than a substantial power shift, notes T N Ninan
The emergence of the Shanghai stock market has been an outcome of conscious policy measures that have been overlooked in the stereotypical stories
However, Shanghai Composite slips 4.5% over policy tightening, foreign selling
Wall Street had been on the brink of a bear market with all the major indices down almost 20 per cent from their all-time peak, which amazingly were touched just 13 sessions ago
The Hang Seng China Enterprises Index dropped 1.8 per cent, widening its discount to mainland shares