Market Blog

Chinese market hits a new low. Trading halts, automatically

The manufacturing sector is the most important one in the Chinese Economy. After improving for two months, a survey conducted by Chinese media group Caixin showed that PMI fell to 48.2 in December from 48.6 the previous month. Any number below 50 represents a deceleration in the factory sector. Due to this, there was a 7% fall in the market which triggered a halt. However, economists said the new manufacturing