Aftermath of the Swiss peg blow-up: China Stocks Sink Most Since 2009 on Margin-Trading Suspensions

China Stocks Sink Most Since 2009 on Margin-Trading Suspensions
Bloomberg
Jan 18, 2015
http://bloom.bg/1uhtLPn

[snip]

The Shanghai Composite Index (SHCOMP) sank 6.3 percent to 3,163.72 at 11:30 a.m. local time, poised for the steepest drop since August 2009. Citic Securities Co. and Haitong Securities Co., the nation’s two biggest listed securities firms, fell by the 10 percent daily limit after they were suspended from lending money to new equity-trading clients.

Kaisa on Brink of Dollar Default Spooks Money Managers
Bloomberg
Jan 18, 2015
http://bloom.bg/15iRfZ7

[snip]

A missed $23 million interest payment by Kaisa Group Holdings Ltd. earlier this month puts it at risk of being the first Chinese real estate company to default on its dollar-denominated bonds.