China Crashes: Shanghai Composite Plunges 5.4% Amid Record Trading, Biggest Tumble Since 2009

by Tyler Durden
ZeroHedge.com
12/09/2014

Those who have been following the ridiculous moves in the Shanghai Composite in recent months, knew it was only a matter of time before yet another major stock market (one which recently surpassed the Nikkei for the second largest spot in the world) crashed violently, further eroding faith in the centrall-planned “price discovery” process. The only question was when. Tonight we got the answer.

The Rest…HERE

This entry was posted on Tuesday, December 9th, 2014 at 9:13 am and is filed under China, Economics. You can follow any responses to this entry through the RSS 2.0 feed.