China: Stocks fall 5% in Shanghai afternoon trading
Published Thu, Jul 2, 2015 · 06:31 AM
[SHANGHAI] China's leading stock index was down more than five per cent in Thursday afternoon trade, despite the market regulator's move to relax margin trading rules following heavy losses the previous day.
The benchmark Shanghai Composite Index slumped 5.02 per cent, or 203.62 points, to 3,850.08. The Shenzhen Composite Index, which tracks stocks on China's second exchange, dived 5.63 per cent, or 132.01 points, to 2,214.12.
AFP
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Singapore stocks end lower after US market wobbles ahead of CPI data; STI down 0.2%
LSEG reports in-line first quarter as Microsoft partnership progresses
Japan brokerage Daiwa’s Q4 profit more than doubles as markets recover
South Korea readies new system to detect illegal short-selling
Asia: Markets mixed as global rally stalls, eyes on yen
Singapore shares retreat at Thursday’s open; STI down 1.1%