Sunday, 5 July 2015

Panic on China's share market as stocks lose $3.7 trillion

Panic on China's share market as stocks lose $3.7 trillion

Panic has set in on China's share markets as traders call in investors' margins loans. The main index, the Shanghai Composite, has plunged by 30 per cent since its peak in the middle of June, the biggest three-week fall in more than 20 years. The value of Chinese stocks has plunged by at least $US2.8 trillion ($3.7 trillion).
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