Chinese shares fall more than 5%

GMT 02:07 2015 Monday ,24 August

Arab Today, arab today Chinese shares fall more than 5%

Chinese shares
Shanghai - Arab Today

Chinese shares were down more than five percent in the first minutes of trade on Monday, despite Beijing authorising the state pension fund to invest in stocks, the authorities' latest attempt to shore up the markets.

The benchmark Shanghai Composite Index slumped 5.14 percent, or 180.44 points, to 3,327.30.The Shenzhen Composite Index, which tracks stocks on China's second exchange, plunged 5.51 percent, or 112.32 points, to 1,927.08.

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