Chinese stock bubble of 2007
id:
chinese-stock-bubble-of-2007-317-16290882
title:
Chinese stock bubble of 2007
text:
The Chinese stock bubble of 2007 was the global stock market plunge of February 27, and November 2007, which wiped out hundreds of billions of market value. After rumors that governmental Chinese economic authorities were going to raise interest rates in an attempt to curb inflation and that they planned to clamp down on speculative trading with borrowed money, the SSE Composite Index of the Shanghai Stock Exchange tumbled 9%, the largest drop in 10 years. The plunge in Asian markets sent ripple
brand slug:
wiki
category slug:
encyclopedia
description:
2007 dip in global stock markets
original url:
https://en.wikipedia.org/wiki/Chinese_stock_bubble_of_2007
date created:
date modified:
2024-02-04T17:09:24Z
main entity:
{"identifier":"Q5100941","url":"https://www.wikidata.org/entity/Q5100941"}
image:
fields total:
13
integrity:
14