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Chinese shares plunge 6.32% amid concerns over economic slowdown
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15:33, October 27, 2008

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Chinese shares plunged 6.32 percent on Monday amid concerns over economic slowdown and following slump on the Hong Kong market.

The benchmark Shanghai Composite Index dropped 6.32 percent, or116.27 points, to close at 1,723.35. The Shenzhen index slid 6.89 percent, or 424.14 points, to close at 5,734.81 points.

The combined turnover was about 47.18 billion yuan (6.9 billion U.S. dollars), compared with the previous trading day's 44 billion yuan. Losses outnumbered gains by 842-28 in Shanghai and 723-23 in Shenzhen.

Source:Xinhua



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