Skip to content
Subscriber Only

China Considers Circuit Breaker Tied to Gauge of Biggest Firms

Bloomberg business news

Will China's Slowdown Really Impact Global Growth?

Updated on

China is considering a circuit breaker tied to shares of the nation’s biggest companies, following an equities rout that wiped out about $5 trillion.

Trading of stocks, stock options and index futures would halt for 30 minutes when the CSI 300 Index rises or falls 5 percent, according to a statement Monday from the Shanghai and Shenzhen stock exchanges along with the China Financial Futures Exchange. Feedback on the plan is being accepted until Sept. 21, it said.