China halts first-day stock trading after CSI 300 Index tumbles 7%


Chinese investors read newspapers in front of a screen showing stock movements at a stock brokerage house in Beijing, China, 04 January 2016. - EPA

HONG KONG: The worst-ever start to a year for Chinese shares triggered a trading halt in more than US$7 trillion of equities, futures and options, putting the nation’s new market circuit breakers to the test on their first day.

Trading was halted at about 1:34pm local time yesterday after the CSI 300 Index dropped 7%, according to data compiled by Bloomberg.

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Business , China , stocks , investment

   

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