(Bloomberg) -- China's stocks extended a slide that's
wiped out at least $402 billion of market value over the past
four days after the government tripled the tax on securities
trade.
The benchmark CSI 300 Index, which tracks yuan-denominated A
shares listed on China's two exchanges, dropped 23.99, or 0.7
percent, to 3487.44 as of 9:42 a.m. local time, after gaining as
much as 0.52 percent.
Read more at Bloomberg Stocks News
wiped out at least $402 billion of market value over the past
four days after the government tripled the tax on securities
trade.
The benchmark CSI 300 Index, which tracks yuan-denominated A
shares listed on China's two exchanges, dropped 23.99, or 0.7
percent, to 3487.44 as of 9:42 a.m. local time, after gaining as
much as 0.52 percent.
Read more at Bloomberg Stocks News
No comments:
Post a Comment