Business Standard

Monday, December 23, 2024 | 02:05 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Buoyed Chinese stock market tops $10 trillion, shrugs off 2015 rout

The world's second-largest stock market has added $3.3 trn since March lows

Volatility in Chinese markets has sapped risk appetite globally, sending equities worldwide down the most in more than four years, even as oil hit a 12-year low on Monday
Premium

The US has the world’s most valuable equities market at $38.3 trillion

Bloomberg Beijing
Chinese domestic equities are worth more than $10 trillion for the first time since 2015, when a record crash erased half the market’s value in months and saddled millions of investors with losses.
 
The world’s second-largest stock market has added $3.3 trillion since a low in March, helped by Beijing’s policies to encourage trading, a flurry of new listings that arrived with eased rules and the strengthening yuan. Stocks have been close to the $10 trillion milestone since July, when China’s government acted to tame a speculative rally that had suddenly pushed a gauge of large caps near a 12-year

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in