Wild ride continues in China

Mainland China's stock market ended lower after a volatile ride on Wednesday, 26 August 2015, despite a new round of stimulus measures from the central government aimed at boosting the flagging economy and slumping shares. The benchmark Shanghai Composite Index fell 37.68 points, or 1.3%, to 2,927.29 on turnover of 461.8 billion yuan (US$72.1 billion). It surged up to 4.3 percent and was down as much as 3.9 percent during the day. The Shenzhen Composite Index, which tracks stocks on China's second exchange, dropped 3.05 percent, or 53.31 points, to 1,695.76 on turnover of 432.2 billion yuan.

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