World’s Most Volatile Stock Market Braces For More Turbulence
You wouldn't know it from looking at where things closed, but it was yet another wild session for the Shanghai Composite.
Over the past week, Chinese authorities have embarked on a concerted effort to calm domestic equity markets with promises of support for private enterprise and guarantees designed to help stop rolling margin calls in pledged-stock transactions that many feared were contributing to outsized losses.
Following the best day since 2016 on Monday, Chinese shares plunged with regi