CSI 300 dropped more than 7% trigger trading halt on the first day of trading

A fifth continuous contraction in China’s manufacturing industry and new circuit halt system effective January prompted sell-off for the start of January.

Some argue may due to Saudi and Iran tension in the gulf may further destabilise middle east political situation.

We will monitor the situation but we believe fluctuation gap is for sure getting higher.  We are not worry at the moment.

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