Rollercoaster ride leaves Shanghai investors flat

Shanghai

FROM Jan 1 to mid-June, the Shanghai market - which had already surged by more than 50 per cent in 2014 - leaped by 60 per cent again. Then it slumped nearly a third in three weeks, before slowly recovering.

After all the gyrations of the most volatile year in the quarter-century history of the modern Chinese stock market, the Shanghai Composite Index closed at 3,539.18 on Thursday, up 9.4 per cent for the year.