Wednesday, July 08, 2015
THE CHINESE STOCK MARKET FALLS 35% IN 3 WEEKS AND STILL FALLING.WHY THE COLLAPSE.
HOARDING OF GOLD AND SILVER
DOCTOR DOCTORIAN FROM ANGEL OF GOD
then the angel said, Financial crisis will come to Asia. I will shake the world.
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.
19 They shall cast their silver in the streets, and their gold shall be removed:(CONFISCATED) their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.
1 And it came to pass in those days, that there went out a decree from Caesar Augustus, that all the world should be taxed.
2 (And this taxing was first made when Cyrenius was governor of Syria.)
3 And all went to be taxed, every one into his own city.
16 And he(THE FALSE POPE WHO DEFECTED FROM THE CHRISTIAN FAITH) causeth all,(IN THE WORLD ) both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(MICROCHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark,(MICROCHIP IMPLANT) or the name of the beast,(WORLD DICTATORS NAME INGRAVED ON YOUR SKIN OR TATTOOED ON YOU OR IN THE MICROCHIP IMPLANT) or the number of his name.(THE NUMBERS OF HIS NAME INGRAVED IN THE MICROCHIP IMLPLANT)-(ALL THESE WILL TELL THE WORLD DICTATOR THAT YOUR WITH HIM AND AGAINST KING JESUS-GOD)
18 Here is wisdom. Let him that hath understanding count the number of the beast:(WORLD LEADER) for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM (6006006)OR(60020202006)(SOME KIND OF NUMBER IMPLANTED IN THE MICROCHIP THAT TELLS THE WORLD DICTATOR AND THE NEW WORLD ORDER THAT YOU GIVE YOUR TOTAL ALLIGIENCE TO HIM AND NOT JESUS)(ITS AN ETERNAL DECISION YOU MAKE)(YOU CHOOSE YOUR OWN DESTINY)(YOU TAKE THE DICTATORS NAME OR NUMBER UNDER YOUR SKIN,YOUR DOOMED TO THE LAKE OF FIRE AND TORMENTS FOREVER,NEVER ENDING MEANT ONLY FOR SATAN AND HIS ANGELS,NOT HUMAN BEINGS).OR YOU REFUSE THE MICROCHIP IMPLANT AND GO ON THE SIDE OF KING JESUS AND RULE FOREVER WITH HIM ON EARTH.YOU CHOOSE,ITS YOUR DECISION.
DR DOCTORIAN FROM ANGEL 1 OF THE LORD
Catastrophic! Catastrophic! then the angel said, Financial crisis will come to Asia. I will shake the world.I
THE CHINESE STOCK MARKET IS DOWN 35% IN THE LAST 3 WEEKS.THE CHINESE STOCK MARKET IS COLLAPSING.AT LEAST 1,400 STOCKS WERE STOPPED FROM TRADING YESTERDAY DUE TO FALLING 10% ON THE STOCK EXCHANGE.AND TODAY I HEARD 1,000 STOCKS WERE HALTED FOR THE SAME RESULT.I HEARD ON 27% OF THE STOCKS ARE ACTIVLY TRADING ON THE CHINESE MARKET.THE TROUBLE IS THAT IN CHINA THEY BORROW MONEY TO BUY THEIR STOCKS.AND WITH THE CHINESE MARKET FALLING SO MUCH.THEY LOSE THE MONEY THEY BORROWED TO BUY THE STOCKS.THEN THEY GET IN DEBT.SO WE REALLY HAVE A SERIOUS SITUATION IN THE CHINESE STOCK MARKET RIGHT NOW.A FAR CRY FROM JUNE 15-WHEN THE IMF WANTED THE CHINESE YUAN TO BE THE RESERVE CURRENCY OF THE WORLD.WHAT A DIFFERENCE 3 WEEKS MAKES.
China's stock market plunge: how did it happen?-AFP-JULY 8,15-YAHOONEWS-Chinese stocks plunged again on Wednesday even as the government announced more measures to try to boost the flagging market after a spectacular bull-run reversed course in June.
Why did the market surge?-China's stock market surge started in late 2014 despite the economy experiencing its slowest growth in 24 years.The borrowing-fuelled rally began after the central bank cut interest rates on November 21 for the first time in more than two years, and the launch of a scheme linking trading between the Shanghai and Hong Kong stock exchanges.
The rally continued in 2015 with the benchmark Shanghai index climbing to the symbolic 5,000-point level in early June, driven higher by margin trading, through which investors only need to deposit a small proportion of the value of their trades, generating bigger profits but also potentially exposing them to bigger losses.When it peaked on June 12 it had risen more than 150 percent over the previous 12 months.Why did it fall?-On the same day as the market reached its peak, China's securities regulator said it would tighten rules on margin trading for individual investors. The following day, the China Securities Regulatory Commission (CSRC) also banned trading with funds borrowed outside the margin trading system.When markets reopened investors started to take profits on worries of over-valued stock prices and increasing market risk.The de-leveraging process soon became uncontrollable, resulting in Shanghai plunging more than 30 percent since the peak. Market sentiment has worsened as investors who traded on margin were forced to liquidate their stock holdings to make payment.What's being done to support the market?-The Shanghai index plunged 7.4 percent on June 26 and the next day China's central bank announced cuts in both interest rates and the reserve requirement ratio –- the amount of money banks must put aside.The market regulator then announced a relaxation of margin trading rules and reduced stock transaction fees.Soon after the government announced proposals to let social security pension funds enter the stock market.The CSRC cut back on the number of initial public offerings (IPOs), then went a step further by halting them for the near future.On Wednesday, the government said Chinese insurance companies will be able to invest up to 10 percent of their assets in a single "blue chip" stock, up from the previous five percent.Separately, the state-backed China Securities Finance Co. will "increase" stock purchases of small- and medium-sized companies, with liquidity support from the country's central bank.As of Wednesday, the market regulator had suspended trading in more than 1,300 listed companies at their request to prevent further falls in stock prices.What happens next?-No one really knows and the market remains wildly volatile. Investors forced to sell could drive prices lower, or bargain-hunters could see a buying opportunity and step in."With investors' confidence towards the market shattered, it's really hard to tell when it will start to stabilise and recover from recent falls," Haitong Securities analyst Zhang Qi told AFP.What are the possible consequences? Some analysts believe the stock market plunge may hurt the economy, the world's second largest, and could spark social unrest though the single-party state keeps a tight grip on dissent.There are estimates that stock trading activity added more than half a percentage point to China's economic growth in the first quarter, and a slowdown in the financial sector could have a wider impact."The slumping Chinese stock market has raised concerns of systemic risks," ANZ Banking Group said, though it added the stock rout had yet to become a crisis.
China's stock market has lost nearly a third of its value in a month-Updated by Timothy B. Lee on July 8, 2015, 7:00 a.m. ET firstname.lastname@example.org
Over the last year, the market surged thanks to borrowed money-Between June 2014 and June 2015, China's Shanghai Composite index rose by 150 percent. A big reason for the stock market rally was that a lot more people started buying stocks with borrowed money. This practice, known as "trading on margin," used to be strictly regulated by the Chinese government. But as the Financial Times explains, Chinese authorities have gradually relaxed these requirements over the last five years.During this period, the amount of officially sanctioned margin trading in the Chinese stock market ballooned from 403 billion yuan to 2.2 trillion yuan. Experts estimated that another 2 trillion yuan or so of borrowed money has flowed into the markets using vehicles designed to skirt official limits on margin trading.The surge in stock prices alarmed Chinese authorities, and so earlier this year they took steps to rein in margin trading and other forms of leveraged investing. In January, they raised the minimum amount of cash needed to trade on margin, once again restricting the practice to wealthier investors. They also punished a dozen companies for failing to enforce rules on margin trades. The government cracked down on vehicles designed to skirt the margin trading rules in April.The government's toughest measures came on June 12, when China's securities regulator announced a new limit on the total amount of margin lending stock brokers could do, while also reiterating the curbs on illicit margin trading.The stock market has been falling ever since. The Shanghai Composite index has now lost 32 percent of its value since the June 12 peak of 5,166.Government efforts to prop up the market have failed-About a week ago, Chinese policymakers grew concerned that these efforts to rein in stock market speculation were working too well. Now that stock prices are plummeting, the government is trying to prop them back up.On Saturday, 21 major Chinese brokerages made a coordinated announcement, pledging to purchase $120 billion yuan worth of Chinese stocks to help stabilize the market. Chinese brokers vowed to keep buying stocks until the Shanghai index had risen to 4500. Also, 28 privately-held companies cancelled plans to hold initial public offerings that could have drained capital away from companies that were already publicly traded. It's widely suspected that these moves were made at the behest of the Chinese government.On Sunday, China's central bank also announced it would inject cash into the China Securities Finance Corp, a state-owned company that finances margin trading. In other words, the Chinese government is printing money to finance leveraged stock investment.And in the last two days, a growing number of companies have announced that they were suspending trading altogether, in an apparent bid to prevent further declines.But these measures haven't worked well. After modest gains on Monday, the Shanghai index fell 1.3 percent on Tuesday and has lost another 5.9 percent on Wednesday.
China's regulator vows to act on market manipulation-AFP-July 3, 2015 11:37 AM-YAHOONEWS
Shanghai (AFP) - China's market regulator has pledged to crack down on market manipulation after rumours that foreign short-sellers were behind recent share price plunges.Chinese markets were among the world's best performers earlier this year, with Shanghai rising more than 150 percent over 12 months in a spectacular borrowing-fuelled bull run until it peaked on June 12.But it has since lost almost 30 percent of its value, putting it firmly in bear market territory.The China Securities Regulatory Commission (CSRC) will launch a special task force to investigate market manipulation, it said in a statement late Thursday.The comments came after accusations on Chinese social media that overseas investors were driving prices down by short-selling mainland stocks -- although analysts say the plunges were triggered by concerns over valuations and restrictions on margin trading.Margin investors only need to deposit a small proportion of the value of their trade, potentially generating bigger profits but also exposing themselves to bigger losses. Interventions by authorities including a surprise interest rate cut at the weekend -- the fourth since November -- and relaxing the margin trade rules have failed to arrest the declines.The market regulator said it will base its investigation on reports of abnormal market movement from the stock market and futures exchanges.But an editorial in the Global Times, which is affiliated with the Communist Party mouthpiece People's Daily, denied that overseas investors -- who have limited access to the markets -- were capable of manipulating Chinese bourses."Foreign capital has only a small part of the Chinese stock market," it said. "Large-scale short selling by foreign investors in the Chinese stock market has not appeared and is an unlikely scenario.""Not falling for conspiracy theories can help us objectively analyse why there was a stock market slump," it added.Chinese exchanges' core problem was internal, it said, "as defects in the system enable speculation instead of normal investment to dominate the stock market sometimes".China's central bank chief Zhou Xiaochuan on Thursday said that the People's Bank of China will "hold the bottom line of not letting a regional financial crisis happen".
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