Unlock stock picks and a broker-level newsfeed that powers Wall Street.
China's main stock indexes down over 10 pct from June peak, enter correction territory
SHANGHAI, June 19 (Reuters) - China's benchmark share indexes fell on Friday, taking losses since their early-June peak to more than 10 percent and putting the market into correction territory.
The Shanghai Composite Index and the CSI300 both slumped over 2 percent on Friday morning as investors sold shares in panic amid fears of government crackdowns on illegal margin financing and a new wave of initial public offerings.
(Reporting by Samuel Shen and Pete Sweeney; Editing by Kim Coghill)
Terms and Privacy Policy