China Stocks Suffer Sharpest Plunge Since 2007

By | July 27, 2015

Scalper1 News

The efforts of China’s government to tame its unruly stock markets hit a big speed bump Monday, as Chinese shares suffered their sharpest plunge in eight years. Concerns about China’s slowing economic growth as well as doubts about the effectiveness of Beijing’s stimulus and support measures for stocks weighed on the markets. The Shanghai Composite Index plunged 8.5%, while the Shenzhen Composite Index dropped 7%. Both indices are down Scalper1 News

Scalper1 News