chinese shares fall more than 5
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Chinese shares fall more than 5%

Arab Today, arab today

Arab Today, arab today Chinese shares fall more than 5%

Chinese shares
Shanghai - Arab Today

Chinese shares were down more than five percent in the first minutes of trade on Monday, despite Beijing authorising the state pension fund to invest in stocks, the authorities' latest attempt to shore up the markets.

The benchmark Shanghai Composite Index slumped 5.14 percent, or 180.44 points, to 3,327.30.The Shenzhen Composite Index, which tracks stocks on China's second exchange, plunged 5.51 percent, or 112.32 points, to 1,927.08.

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