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HSI Index - Worse than the 2008 financial crisis?The Chinese stock market crash may be worse than the 2008 crisis! Fundamenta Aspect Everyone is concerned about the decline in the value of Chinese companies' stock and the resulting decrease in demand for commodities! Today, selling pressure on Chinese stocks grew. China's major stock index fell to its lowest level since 2008 due to concerns about its relations with Russia and tighter regulators pressure. The Hong Kong Index of Chinese Companies, a measure of Hong Kong stock prices for Chinese firms, declined by 6.6%. Likewise, the stock prices of Chinese companies dropped sharply the day before yesterday, since July 2015, this has been the largest fall. Economic sanctions against China are a concern for the market due to China's ties to Russia. Concerns have also been raised about the quarantine of Chinese cities. Analysts are concerned that this time around's financial market catastrophe could be even worse than the one that occurred in 2008.
TVC:HSI
by VipForexLive
$SOS #stockmarket #live #news #business #trading #stocks #stock SOS Limited, a technology company, provides marketing data, technology, and solutions for emergency rescue services to corporate and individual members. It operates SOS cloud emergency rescue service software as a service platform that offers basic cloud products, such as medical rescue, car rescue, financial rescue, and mutual assistance rescue cards; cooperative cloud products, including information rescue center, intelligent big data, and intelligent software and hardware; and information cloud products, such as News Today and E-Commerce Today. The company serves insurance companies, financial institutions, medical institutions, healthcare providers, auto manufacturers, security providers, senior living assistance providers, and other service providers in the emergency rescue services industry. SOS Limited is based Qingdao, the People's Republic of China
NYSE:SOSLong
by BADQOMOCAWGOWLD
Shanghai Index: Buy the pull back.The Shanghai Composite Index has seen a considerable rise since the start of the year, which we predicted in December ( ). The parabolic rise on 1D has reached past the overbought zone (RSI hitting 80.000) and as it got close to the 0.500 Fibonacci retracement level (3,015), we should start see it consolidating. The strongest candidate for a pull back however is the 0.618 level (3,150). We are willing to buy any such pull back and target the 0.786 level at 3,340. See below how we predicted this +22% rise in December: ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
SLong
by InvestingScope
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