LINE

Text:AAAPrint
Economy

Chinese shares plunged Monday despite easing move

1
2015-06-29 15:38Xinhua Editor: Gu Liping
Investors look through stock information at a trading hall in a securities firm in Guiyang, capital of southwest China's Guizhou Province, June 29, 2015. (Photo: Xinhua/Ou Dongqu)

Investors look through stock information at a trading hall in a securities firm in Guiyang, capital of southwest China's Guizhou Province, June 29, 2015. (Photo: Xinhua/Ou Dongqu)

Chinese shares plunged on Monday, with the benchmark Shanghai Composite Index down 3.34 percent to finish at 4,053.03 points.

The Shenzhen Component Index lost 5.78 percent to close at 13,566.27 points.

The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, slumped by 7.91 percent to end at 2,689.76 points.

The stock market saw sharp fluctuations during Monday's trading despite the central bank's easing move which was rolled out on Saturday to cut both the requirement reserve ratio (RRR), the amount of reserves banks required to hold, and benchmark interest rates.

Related news

MorePhoto

Most popular in 24h

MoreTop news

MoreVideo

News
Politics
Business
Society
Culture
Military
Sci-tech
Entertainment
Sports
Odd
Features
Biz
Economy
Travel
Travel News
Travel Types
Events
Food
Hotel
Bar & Club
Architecture
Gallery
Photo
CNS Photo
Video
Video
Learning Chinese
Learn About China
Social Chinese
Business Chinese
Buzz Words
Bilingual
Resources
ECNS Wire
Special Coverage
Infographics
Voices
LINE
Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2018 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.