An investor looks through stock information at a trading hall of a securities firm in Luoyang, central China's Henan Province, Aug. 24, 2015. China stocks nosedived on Monday with the benchmark Shanghai Composite Index dropping 8.49 percent to close at 3209.91 points, the sharpest decline since Feb. 27, 2007. The smaller Shenzhen Component Index fell 7.83 percent to close at 10,970.29 points. The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, lost 8.08 percent to end at 2,152.61 points. Near 2200 shares tumbled by the daily limit of 10 percent. (Xinhua/Zhang Yixi)
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China stocks in sharpest fall since 2007
BEIJING, Aug. 24 (Xinhua) -- The Chinese stock markets had their worst day in eight years with the benchmark Shanghai Composite Index tumbling 8.49 percent to close at 3209.91 points.
This is the steepest dive since Feb. 27, 2007, and comes less than a month after a similar plunge on July 27 this year, when the stock market lost 8.48 percent.Full Story
