China’s market is the world’s only major one that has not slipped into bear-market territory amid the Covid-19 pandemic. Photo: Reuters China’s market is the world’s only major one that has not slipped into bear-market territory amid the Covid-19 pandemic. Photo: Reuters
China’s market is the world’s only major one that has not slipped into bear-market territory amid the Covid-19 pandemic. Photo: Reuters
Business /  China Business

Shanghai Stock Exchange restores pricing of CSI 300 Index after glitch caused by system upgrade led to wild swings

  • A weekend upgrade of the ‘cross-market index-calculation’ system caused erroneous pricing of the CSI 300 Index and at least two other equity gauges, the Shanghai Stock Exchange said
  • The incident came at a time when investors are counting on Chinese stocks as a shelter from the global turmoil caused by Covid-19

Topic |   A-shares
Zhang Shidong
Zhang Shidong in Shanghai

Updated: 10:40pm, 20 Apr, 2020

Why you can trust SCMP
China’s market is the world’s only major one that has not slipped into bear-market territory amid the Covid-19 pandemic. Photo: Reuters China’s market is the world’s only major one that has not slipped into bear-market territory amid the Covid-19 pandemic. Photo: Reuters
China’s market is the world’s only major one that has not slipped into bear-market territory amid the Covid-19 pandemic. Photo: Reuters
READ FULL ARTICLE