Tuesday , 22 August 2017

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Chinese stocks close to bearish on woes about sluggish growth

Chinese shares plummeted as concerns about degenerating economic growth capped gains in Asia.

The Shanghai Composite Index traded at 2,961.47 midday, down 1.5%, still gliding close to its lows hit last summer and near a bear market. It was 16% down year-to-date.

Stock benchmarks fell as well. Japan’s Nikkei Stock Average lost 0.4%. The Hang Seng Index fell 0.8% and South Korea’s Kospi erased 1.1%.

Meanwhile, the yuan steadied even though regulators reversed several policies last week.

The material has been provided by InstaForex Company – www.instaforex.com

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Chinese stocks close to bearish on woes about sluggish growth Reviewed by on . Chinese shares plummeted as concerns about degenerating economic growth capped gains in Asia.The Shanghai Composite Index traded at 2,961.47 midday, down 1.5%, Chinese shares plummeted as concerns about degenerating economic growth capped gains in Asia.The Shanghai Composite Index traded at 2,961.47 midday, down 1.5%, Rating:
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