Thursday, September 11, 2008

China stocks plummet to 22-month low on growth worry, policy uncertainty

Chinese shares tumbled 3.34 percent to 22-month low on Thursday amid renewed fears of economic slowdown and policy uncertainly.

The benchmark Shanghai Composite Index ended 3.34 percent down at 2078.98 points. The Shenzhen Component Index lost 2.68 percent to 6876.25 points.

Losers outnumbered gainers by 753-120 in Shanghai and 639-98 in Shenzhen.

Source:Xinhua

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