The suspension of the new circuit-breaker mechanism just four days after its launch shocked most of the A-share investors.(Photo provided to China Daily)
Many analysts expect further monetary easing, some moves on the currency front
Last week's stock-market volatility, attendant automatic triggering of the new circuit breakers and their subsequent suspension are expected to result in fresh measures by the authorities concerned this week, analysts said.
They expect further monetary easing and measures to stabilize the foreign exchange market, which, they said, would help investors to overcome anxiety.
Authorities surprised late Thursday by suspending the new circuit-breaker mechanism just four days after its launch, after key indices plunged 7 percent on successive days.
By Friday's close, it was clear the benchmark Shanghai Composite Index declined as much as 10 percent in the first week of the new year.
