Business Standard

Thursday, January 09, 2025 | 10:48 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

China market plummets on margin lending crackdown

Image

Capital Market
Mainland China share market stumbled on Monday, 19 January 2015, as risk aversion selloff across the board, with shares of brokerage houses being major losers after regulators took measures to rein in margin trading. The benchmark Shanghai Composite Index tumbled 260.15 points to 3116.35 on turnover of 409.9 billion yuan, after falling as much as 8.33% at one point. The decline was the biggest since June 10, 2008, when the index closed down 7.73%.

Powered by Capital Market - Live News

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jan 19 2015 | 4:16 PM IST

Explore News