Tuesday, December 21, 2010
Bear Stearns panic swept through the Asian stock plunge.
<P> Strong sell-off in Asian markets yesterday, under because people worry that Bear Stearns (BearStearns) receiving assistance, the global credit crisis will create more victims, the fear overshadowed the Federal Reserve (Fed) .measures to increase liquidity on the market. .</ P> <P> Morgan Stanley Asia-Pacific excluding Japan Index (MSCI Asia Pacificex-Japanindex) hit in August 2007 yesterday, the lowest point since. .Nikkei 225 Index (Nikkei225Average) fell 3.7%, to close at 11,787.51 points, a record since July 2005 low; greater coverage of the Tokyo Stock Exchange Index (Topix) fell 3.7%, to 1149.65 points. .</ P> <P> the entire Asia-Pacific financial stocks were down sharply. .</ P> <P> It http://finance. Hearing, in Japan, Mitsubishi UFJ Financial Group (MitsubishiUFJ) fell 3.4% to 789 yen; Sumitomo Mitsui Financial Group (SumitomoMitsuiFinancial) fell 3.4%, to close at 645,000 at .dollars. .</ P> <P> in Hong Kong, the Hang Seng Index (HSI) fell 5.2%, to close at 21,084.61 points, the highest since August last year, the lowest level; Hang Seng China Enterprises Index (the H-share index) fell 7.2%, fell to .11,037.09 points. .</ P> <P> in mainland China, the Shanghai Composite Index (ShanghaiCompositeindex) fell 3.6% to 3820.05 points, a record low of 8 months; investor concerns that China may raise interest rates further exacerbated the market's pessimistic sentiment. .</ P> <P> Related reading: </ P> <P> Saving Private 2 dollars per share of Bear Stearns by JPMorgan acquired </ P> <P> 72h Sudden Bear Stearns: $ 240 million training and preparation JP Morgan Chase .</ P> <P> fire sale of Bear Stearns: the financial crisis of large country has just begun </ P> <P> Keywords: Bear Stearns </ P>.
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