Online:
Visits:
Stories:
Profile image
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Chinese Stocks Plunge 8.5%, Biggest Decline Since February 2007

Monday, July 27, 2015 5:59
% of readers think this story is Fact. Add your two cents.

(Before It's News)

by Mike “Mish” Shedlock
MISH’S Global Economic Trend Analysis

B4INREMOTE-aHR0cDovLzMuYnAuYmxvZ3Nwb3QuY29tL19uU1RPLXZacFNnYy9TRmNxanlJaVI4SS9BQUFBQUFBQUN5SS95b2E1WjZzM0tGWS9zNDAwL21pc2hwaG90by5naWY=The crash in Chinese stocks continued today following a respite last week.

Shares on the Shanghai index plunged 8.48%, the Biggest One-Day Plunge Since February 2007.

The CSI300 index of the largest listed companies in Shanghai and Shenzhen fell 8.6 percent, to 3,818.73, while the Shanghai Composite Index SSEC lost 8.5 percent, to 3,725.56 points.

The drops were the biggest since Feb. 27, 2007.

It wasn’t immediately clear what caused such a sharp tumble in the afternoon session. At midday, the two indexes were down about 2.5 percent.

Continue Reading at GlobalEconomicAnalysis.Blogspot.com…



Source: http://financialsurvivalnetwork.com/2015/07/chinese-stocks-plunge-8-5-biggest-decline-since-february-2007/?utm_source=rss&utm_medium=rss&utm_campaign=chinese-stocks-plunge-8-5-biggest-decline-since-february-2007

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.