LINE

Text:AAAPrint
Economy

Chinese shares sink below 3,000 points

1
2015-08-25 14:34Xinhua Editor: Gu Liping
An investor looks through stock information at a trading hall of a securities firm in Shanghai, east China, Aug. 25, 2015.  (Photo: Xinhua/Ding Ting)

An investor looks through stock information at a trading hall of a securities firm in Shanghai, east China, Aug. 25, 2015. (Photo: Xinhua/Ding Ting)

Chinese stocks had another nightmarish day Tuesday amid global rout.

The benchmark Shanghai Composite Index fell 7.63 percent to 2,964.97points, following the 8.49-percent loss on Monday in its biggest daily slump since February 2007. The Shenzhen Component Index lost 7.04 percent to close at 10,197.94 points.

The ChiNext Index, which tracks China's NASDAQ-style board of growth enterprises, fell 7.52 percent to close at 1,990.71.

Japan's Nikkei 225 Index dived 3.96 percent to close at 17,806.7 on Tuesday.

Overnight, The Dow Jones Industrial Average tumbled 3.58 percent to 15,871.28. The S&P 500 lost 3.94 percent and The Nasdaq Composite Index sank 3.82 percent.

European equities also dived on Monday following the previous session's steep decline, as the Stoxx Europe 600 was down over 6 percent and Germany's DAX fell 4 percent.

Read more:

China stocks down further by midday

Chinese stocks slid further on Tuesday amid a global rout.

The benchmark Shanghai Composite Index fell 4.33 percent to close at 3,071.06 points by midday, following the 8.49-percent loss on Monday in its biggest daily slump since February 2007.

The Shenzhen Component Index lost 5.68 percent to close at 10,346.85 points. The ChiNext Index, which tracks China's NASDAQ-style board of growth enterprises, fell 6.5 percent to close at 2,012.73.

  

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.