Shanghai Stock Exchange hits four year high as FXIC Shanghai kicks off

The folks at Shift Forex could not have timed their inaugural FXIC Shanghai conference and expo any better.

Investing-in-China fever is at high pitch right now, evidenced by a four year high being hit on Monday at the Shanghai Stock Exchange. The benchmark Shanghai Composite Index crossed the 3,000 level for the first time since April 2011, closing up 3% Monday after being up 9% for the week last week. China’s slowing economy is fueling stimulus talk, such as Friday’s interest rate cut from the People’s Bank of China, and investors are piling into the market. Year to date in 2014, the Shanghai Index is up 42%.

Taking place Tuesday and Wednesday this week at the Waldorf Astoria Shanghai on the Bund, FXIC Shanghai is this year’s premier Forex industry B2B conference in the region, bringing together China-focused Forex and Binary brokers, platform providers, introducing brokers (IBs), white label partners, and FX money managers.

Sponsors and Exhibitors at FXIC Shanghai include Leverate, AvaTrade, TRADOLOGIC, MAP S.Platis, FXCM, Alpari, CFH, and PrimeXM.

Shanghai Composite Index one year chartShanghai Composite Index one year chart. Source: CNBC.

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