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SHCI Plunges 2.79%; Over 100 Stocks Hit Down Limits
Shanghai and Shenzhen stock markets saw a widened loss after opening lower and closed the market at nearly intra-day low. At the market close, Shanghai Composite Index dived 2.79% to 2,832.11.
Shenzhen Component Index plunged 3.07% to 9,790.48. CSI 300 Index last printed at 3,065.62, down 2.07%. The ChiNext Index tumbled 3.55% to end the day at 2,053.6. More than 100 stocks hit the down limits for the two stock markets. Market turnover totaled RMB499.6 billion

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