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Chinese Stock Market Rebounds a Bit

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Chinese Stock Market Rebounds a Bit

Business

Chinese Stock Market Rebounds a Bit

Chinese Stock Market Rebounds a Bit

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  • <iframe src="https://www.npr.org/player/embed/7638026/7638027" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

Stock investors in China returned to the market Wednesday after Tuesday's big sell-off. The Shanghai stock market's main price index recovered nearly 4 percent in early trading. Tuesday it dropped nearly 9 percent, rattling investors around the world. But stock markets in other parts of Asia are less ready to bounce back. Leading indices in Tokyo and Hong Kong continued to fall.

STEVE INSKEEP, host:

The business news starts with a partial recovery in Asia.

(Soundbite of music)

INSKEEP: Investors in China bought some bargains today after yesterday's big sell-off. The Shanghai stock market's main price index recovered nearly four percent. Now yesterday, it dropped almost nine percent, rattling investors around the world. But stock markets in other parts of Asia were not so ready to bounce back today. Leading indices in Tokyo and Hong Kong continue to fall.

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