Chinese stocks slump after holiday - News Summed Up
Chinese stocks slump after holiday

Chinese stocks slump after holiday

October 08, 2018 15:56 UTC

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Chinese stocks slump after holiday


BloombergChinese stocks yesterday tumbled as the nation’s markets resumed trading, capping their worst performance since 2008 after a week-long holiday. The yuan dropped with bond futures. The CSI 300 Index closed down 4.3 percent in Shanghai, with tech companies among the biggest drags, after Hong Kong equities tumbled last week. Hong Kong stocks lost 4.4 percent in the four days through Friday after a holiday on Monday last week, some of the worst declines in the world. Tencent Holdings Ltd (騰訊) slid 2 percent, below the key HK$300 level as it dropped for a seventh day.


Source: Taipei Times October 08, 2018 15:56 UTC



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