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 percent

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

3,800

3,700

3,600

Jan 6: closes
at 3,539.42

3,500

3,400

11.96%

fall in

four days

3,300

3,284.74

3,200

Dec 31

Monday

Tuesday

Wednesday

Thursday

Source: Bloomberg Business

© GRAPHIC NEWS

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 percent

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

3,800

3,700

Jan 6: closes
at 3,539.42

3,600

3,500

Jan 7:
Index
falls
7.2%

3,400

3,300

11.96% fall in

just four days

3,284.74

3,200

Dec 31

Mon

Tue

Wed

Thu

Source: Bloomberg Business

© GRAPHIC NEWS

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 percent

Dec 31: CSI 300
closes at 3,731.00

3,800

3,700

Jan 4: Index falls 7% to 3,470.41

3,600

See

below

3,500

3,400

Circuit breaker:
7% fall forces
closure of market
for rest of day

3,300

3,200

Dec

31

Mon

Tue

Wed

Thu

Jan 6: closes
at 3,539.42

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

11.96%

fall in

four days

3,284.74

Wednesday

Thursday

Source: Bloomberg Business

© GRAPHIC NEWS