Overseas Trading: Shanghai Composite Rallies on Hopes for Fund-Money Flood

The Shanghai Composite surged, as reports indicate a huge amount of sideline cash could reenter Chinese stock markets

Aug 7, 2015 at 8:52 AM
facebook twitter linkedin


Stocks in Asia closed mostly higher on Friday, with traders anticipating sidelined money to re-enter the Chinese market. Specifically, roughly 300 China funds controlling more than 1 trillion yuan could flow back into the market, according to Reuters, which cited China-based Shanghai Security News. The Shanghai Composite eventually closed 2.3% higher, lifting Hong Kong's Hang Seng 0.7% as well. Amid the most recent earnings wave, and the Bank of Japan's decision to keep its current stimulus plan in place, Japan's Nikkei edged out a 0.3% lead. South Korea's Kospi, though, eased 0.2%.

As investors keep a cautious eye on the U.S. nonfarm payrolls report, stocks in Europe are moving lower. Worse-than-expected industrial production data from Germany is also weighing on markets. At last glance, Germany's DAX and France's CAC 40 had each given back 0.4%, while London's FTSE 100 sat right at breakeven. 


150807Overseas

 

If you are not making money with options, you aren’t buying options like this…

There is no options strategy that more perfectly approaches trading the fastest moving and most volatile stocks available in the marketplace than this one. In fact, there is no strategy that better utilizes put options for optimal returns and a real trading edge over other traders in the exact same market. New options traders fail out at an incredible rate without proper trade research, execution timing, and option picking. Capitalize on Schaeffer’s 100+ years of options trading excellence with the most coveted product launch in company history. Don't waste another second... join us right now before the next round of trades are released!

Schaeffer's Investment Research Master Portfolio Trial
 


 


 
Special Offers from Schaeffer's Trading Partners