Chinese stocks have risen following a move by authorities to suspend a circuit-breaker which had failed to curb sharp falls in shares.
The Shanghai composite saw volatile trading but closed higher, a day after the circuit-breaker was dumped.
Global stock markets have been under pressure on concerns about China, and the state of its economy.
Richard Troue from stockbroker Hargreaves Lansdown says the circuit-breaker didn't succeed in easing sell-offs of Chinese shares.
IN: "It was…
OUT: …their shares."
DUR: 29 seconds
http://www.fsnradionews.com/feeds/0108china-troue1.mp3
The Shanghai composite saw volatile trading but closed higher, a day after the circuit-breaker was dumped.
Global stock markets have been under pressure on concerns about China, and the state of its economy.
Richard Troue from stockbroker Hargreaves Lansdown says the circuit-breaker didn't succeed in easing sell-offs of Chinese shares.
IN: "It was…
OUT: …their shares."
DUR: 29 seconds
http://www.fsnradionews.com/feeds/0108china-troue1.mp3