China A50 futures +5%, Hang Seng up 0.4%

FXStreet (Bali) – China’s A50 futures, is up by more than 5% ahead of the open, following the rout in the equity market yesterday, while the Hang Seng futures are up 0.4%, after its largest decline in over 7 years on Wednesday, losing 5.8% tracking the rout seen in China.

According to new calculations by Bloomberg, following Wednesday’s wild swings, 194 China companies suspended trading Thursday. On Wednesday, over 40% of listed companies rushed to halt trading in their shares, according to media reports, after Shanghai fell as low as 8% in early trade.

China’s A50 futures, is up by more than 5% ahead of the open, following the rout in the equity market yesterday, while the Hang Seng futures are up 0.4%, after its largest decline in over 7 years on Wednesday, losing 5.8% tracking the rout seen in China.

(Market News Provided by FXstreet)