Shanghai (AFP) – Shanghai stocks plunged 3.02 percent at the open on Tuesday, extending a near seven percent rout a day earlier that triggered an unprecedented early close, on worries over the world’s second-largest economy.
The benchmark Shanghai Composite Index slid 99.61 points to 3,196.65 while the Shenzhen Composite Index, which tracks stocks on China’s second exchange, tumbled 5.03 percent, or 106.55 points, to 2,012.61.
But in Hong Kong the Hang Seng Index opened 0.23 percent, or 48.22 points, down at 21,375.34 — a day after plunging 2.68 percent.
[…] is also strong evidence that China is still investing in America, despite its recent financial woes. During 2015, the Chinese investors bought a whopping $8.6 billion worth of American commercial […]
[…] is also strong evidence that China is still investing in America, despite its recent financial woes. During 2015, the Chinese investors bought a whopping $8.6 billion worth of American commercial […]