Hong Kong stock market now down SEVEN percent

Wednesdays

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Wed Sep-17-08 11:34 PM
Original message

Hong Kong stock market now down SEVEN percent

Edited on Wed Sep-17-08 11:35 PM by Wednesdays

Is it Halloween already? This is a horror show! :scared:

HANG SENG INDEX
(HKSE: ^HSI)
Index Value: 16,351.45
Trade Time: 12:19AM ET
Change: Down 1,285.74 (7.29%)

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ColbertWatcher

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Wed Sep-17-08 11:35 PM
Response to Original message

1. Since Monday or for today? n/t

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Wednesdays

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Wed Sep-17-08 11:35 PM
Response to Reply #1

2. Today...just since its opening, just 2 hours ago

Edited on Wed Sep-17-08 11:37 PM by Wednesdays

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ColbertWatcher

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Thu Sep-18-08 02:39 AM
Response to Reply #2

14. Down 7% in one day. Damn. n/t

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TahitiNut

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Wed Sep-17-08 11:41 PM
Response to Original message

3. Both the Hang Seng and the Nikkei just keep going DOWN.

Nikkei 225 11,335.77 -414.02 -3.52%
Hang Seng 16,304.19 -1,333.00 -7.56%

http://finance.yahoo.com/

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JDPriestly

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Thu Sep-18-08 02:29 AM
Response to Reply #3

13. Hang Seng Low becoming Hang Seng higher.

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An Intellectual

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Wed Sep-17-08 11:43 PM
Response to Original message

4. FUCK Bush, he ruined the world.

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Wednesdays

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Wed Sep-17-08 11:45 PM
Response to Reply #4

6. And your portfolio.

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lapfog_1

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Wed Sep-17-08 11:44 PM
Response to Original message

5. It that persists till they close...

Tomorrow will be a even bigger bloodbath on Wall street.

At some point, the Chinese are going to decide to unload their treasuries because THEY will need cash to shore up their banks and markets. Any left overs will be in Euros.

And then you can kiss the US goodbye.

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TahitiNut

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Wed Sep-17-08 11:51 PM
Response to Reply #5

7. The major indices (DJIA, S&P500) have only lost about 20% of their value in the last year.

That means they have 80% to go!! Yeaaaah! Good job, GOPhers!
:party:

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thewiseguy

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Wed Sep-17-08 11:53 PM
Response to Original message

8. I think they need to stop the trading there. Its just not right.

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Wednesdays

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Thu Sep-18-08 12:29 AM
Response to Reply #8

10. I think they just did.

Edited on Thu Sep-18-08 12:34 AM by Wednesdays

It's been sitting at the same number for the past hour or so. This is really bad.

Edit: They've halted trading in Shanghai, too. That market is down 6.28%.

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thewiseguy

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Thu Sep-18-08 12:43 AM
Response to Reply #10

12. No. They are having their lunch break.

The Japanese do also take a lunch break but earlier than Chinese.

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gristy

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Wed Sep-17-08 11:58 PM
Response to Original message

9. Everything way down

Edited on Wed Sep-17-08 11:58 PM by gristy

Shanghai Composite....Down 112.60 (5.84%)
Hang Seng.............Down 1,301.05 (7.38%)
BSE 30................Down 629.19 (4.74%)
Jakarta Composite.....Down 55.68 (3.15%)
KLSE Composite........Down 9.38 (0.93%)
Nikkei 225............Down 384.19 (3.27%)
NZSE 50...............Down 111.15 (3.40%)
Straits Times.........Down 109.00 (4.51%)
Seoul Composite.......Down 47.36 (3.32%)
Taiwan Weighted.......Down 207.04 (3.57%)

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Subdivisions

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Thu Sep-18-08 12:30 AM
Response to Reply #9

11. Holy shit! The world is getting slaughtered! n/t

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gristy

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Thu Sep-18-08 10:41 PM
Response to Reply #9

15. 24 hours later. Insane

All Ordinaries........Up 181.70 (3.91%)
Shanghai Composite....Up 179.24 (9.45%)
Hang Seng.............Up 1,111.31 (6.30%)
BSE 30................0.00 (0.00%)
Jakarta Composite.....Up 89.59 (5.01%)
KLSE Composite........Down 11.33 (1.13%)
Nikkei 225............Up 378.90 (3.30%)
NZSE 50...............Up 50.05 (1.58%)
Straits Times.........Up 94.23 (3.90%)
Seoul Composite.......Up 62.53 (4.49%)
Taiwan Weighted.......Up 308.15 (5.46%)

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neverforget

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Thu Sep-18-08 11:09 PM
Response to Reply #15

16. Because the American Taxpayer is going to be on the hook for $500

billion with this "bailout". This brings the total to $1.2 trillion We the People are on the hook for because of companies "too big to fail".

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