Shanghai tumble: This file picture taken on July 11 this year shows stock price movements on a screen at a securities company in Beijing. Shanghai is the world’s worst-performing stock market in 2018. — AFP
SHANGHAI: China’s sinking stock market reached an unwelcome milestone, with the Shanghai Composite Index closing at the lowest level since 2014, before a stock boom that turned into a US$5 trillion bust.
The Shanghai gauge dropped 1.1% to 2,651.79 at the close, below its January 2016 closing low.
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