China shares plunge over liquidity concerns

0 Comment(s)Print E-mail China.org.cn, June 24, 2013

Investors are seen at a trading hall of a securities firm in Hangzhou, capital of east China's Zhejiang Province, June 24, 2013.

Investors are seen at a trading hall of a securities firm in Hangzhou, capital of east China's Zhejiang Province, June 24, 2013. Chinese shares plunged on Monday and closed below a key psychological mark over worries about the liquidity crunch in the financial system and subdued strength in the world's second largest economy. The benchmark Shanghai Composite Index tumbled 5.3 percent to end at 1,963.24, the lowest point in nearly seven months, while the Shenzhen Component Index pummeled 6.73 percent to 7,588.52.


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