Stock Exchange To Close For 4 Days To Mark WWII Memorial Day

Stock Exchange To Close For 4 Days To Mark WWII Memorial Day

Stock Exchange To Close For 4 Days To Mark WWII Memorial Day

The China Securities Regulatory Commission announced recently that the Shanghai and Shenzhen stock exchanges would close for four days in September to commemorate 70 years since the “victories of the Chinese People’s War of Resistance Against Japan and the World War against Fascism”. The break will begin on Thursday the 3rd, with trading continuing as normal the following Monday on the 7th. Many netizens expressed their suspicions, with one commenter saying it was the [markets’] last supper.
Source: Netease

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  • bujiebuke

    This tactic will only exacerbate panic and cause stock prices to tumble further. What a great time to be short seller in China.

    • Jahar

      One of the earlier posts on here said short selling is illegal in China. I don’t remember which story.

      edit: earlier stories, not posts

  • Foreign Devil

    Another excuse to “cool down” the markets and try to retool the system in the meantime.

  • Zack Snyder

    China is close to becoming a Fascist state today.