Trade on Shanghai exchange halted due to collapse of over 7%
DEBKAfile was founded by a team of journalists in June 2000 as an independent Internet Web site, providing an intelligence and security news service. January 7, 2016, 10:39 AM (IDT)
Transactions on China's main stock market in Shanghai were halted on Thursday after just half an hour due to a sharp dive of 7 percent in the benchmark CSI 300 index. The value of the Chinese currency, the Yuan, also tumbled and the price oil continued to decline, reaching $33 a barrel. Other Asian markets dipped in line with Shanghai, with the Hong Kong, Tokyo and Singapore markets losing 4.4 percent, 1.9 percent and 2.2 percent, respectively.
Our unique angle on these subjects – and strong intelligence dimension – has earned DEBKAfile a global reputation and a steady readership – which skyrockets in times of crisis.
Source: http://www.debka.com/newsupdate/14494/Trade-on-Shanghai-exchange-halted-due-to-collapse-of-over-7-
