Monday, January 11, 2016

China stocks start new week with 5.3% drop

Chinese stocks plunged deeper into negative territory Monday after a brutal first week of the year. The Shanghai Composite closed down 5.3%, and the Shenzhen Composite ended 6.6% lower. The grim day of trading followed steep declines in Chinese stocks last week amid worries over the country's slowing economy and weakening currency.

Read more at CNN
(Hat tip: KimR)


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