Money
China stocks plunge to eight month low
(Xinhua)
Updated: 2010-05-07 16:40
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Chinese shares dropped for a second day to an eight-month low Friday, tracking a tumble in US equities on concerns that the Europe's debt crisis would spread and cripple global economic recovery.
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The Shenzhen Component Index fell 2.65 percent to 10,146.42 points.
Total turnover shrank to 192.93 billion yuan ($28.26 billion) from 204.18 billion yuan on the previous trading day.
Losers outnumbered gainers by 673 to 192 in Shanghai and 675 to 242 in Shenzhen.
