Chinese stocks halted after 7% plunge

Trading on the Chinese benchmark CSI 300 Index was closed for the second time this week after shares plunged by more than 7%

Dec 31 Monday Tuesday Wednesday Thursday

3,200 3,300 3,400 3,500 3,600 3,700 3,800

Dec 31: CSI 300 closes at 3,731.00 

Jan 4: Index falls 7%  to 3,470.41. Under “circuit breaker” rule a 7% fall forces closure of market for rest of day

Jan 6: closes at 3,539.42

11.96% fall in four days

Jan 7: Index falls 7.2% after 30 minutes, triggering full-day’s suspension
of trading 3,284.74

Source: Bloomberg Business

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