Day Of Mayhem For Chinese Stocks

July 27, 2015

China’s Shanghai Composite index on Monday suffered its worst single-day fall since 2007, as fears over the government ending its market-stabilization campaign triggered panic selling. The benchmark index plunged nearly 8.5 percent — closing at 3725.56 — while the smaller Shenzhen Composite fell over 7 percent. “Today’s rout in China poured cold water on investor sentiment,”…

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