Chinese stocks dive over seven percent, trading halted

Image
IANS Beijing
Last Updated : Jan 07 2016 | 8:02 AM IST

Trading was on Thursday halted for the day on the Shanghai and Shenzhen stock markets after shares tumbled over seven percent as the circuit breaker mechanism was triggered.

Earlier, the smaller Shenzhen index opened 1.88 percent lower at 11,504.9 points, Xinhua news agency reported.

The ChiNext Index, tracking China's NASDAQ-style board of growth enterprises, lost 2.15 percent to open at 2,415.33 points.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 07 2016 | 7:48 AM IST

Next Story