
There’s still no respite for Chinese stocks.? The market bounced around violently today with the SSE Composite making at least eight or nine up or down moves of more than 1%, before closing the day at 1720, down 0.5% for the day.? This is the lowest closing in over two years (it closed at 1722 on September 15, 2006).? The declines were led by industrial companies this time – not the usual banks and real estate developers – because of Friday’s data release...
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