| The Chinese stock market had an absolutely disastrous start to the year. On the first trading day of 2016, stocks fell by nearly 7%. The selling pressure triggered a circuit-breaker, which halted trading of Chinese shares for the day.
Not surprisingly, the artificial measure did little to contain the market slide. So, the Chinese government intervened drastically on the second trading day. In the early trading hours, they pumped stock prices nearly 5% higher. Unfortunately for them, global equities barely held up by the end of the trading session. The nightmare for regulators and punters didn’t stop there...............................................Full Article: Source
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