Chinese markets continue sliding
China鈥檚 stock markets tumbled yesterday, led by losses in the coal sector and light manufacturing, after their deepest weekly dive last week since February.
The Shanghai Composite Index lost 1.49 percent to close at 2,568.1 points and the smaller Shenzhen Component Index slumped 1.51 percent to 7,444.48 points.
Markets fell dramatically last week as emerging markets came under pressure from higher US Treasury yields and a tumble in the US equity market, according to Gao Ting, head of China strategy at UBS Securities.
So far this month, the CSI 300 and the Hang Seng China Enterprises Index are down 9.08 percent and 7.93 percent.
Coal companies were among the biggest decliners 鈥 five companies saw their prices fall more than 5 percent. The car sector also weakened.
- About Us
- |
- Terms of Use
- |
-
RSS
- |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔$粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.