China Stock Market Turnover Hits Record High as Margin Traders Exploit the Situation
Friday, May 29th, 2015
According to the Bloomberg reports, less money is changing hands in trading stock in the US than in China market.
The combined turnover in Shenzhen and Shanghai rose to a record high of $380 billion on Thursday, exceeding the value of stock traded in the U.S on Wednesday by a whooping $132 billion.
The equity volumes in China surged as monetary speculation and easing of further stimulus ignited the biggest rally in the world.
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