Comment on Chinese shares suffer further falls

Chinese shares suffer further falls

Beijing’s interventions help indices avoid the huge declines of Monday but experts warn they are likely to fail in the longer termChinese shares slumped further on Tuesday before mounting a partial recovery as Beijing battled to calm the stock market turmoil that has returned to haunt the world’s second-largest economy.Following Monday’s rout – when the stock exchange suffered its biggest one-day collapse since 2007 – the Shanghai Composite Index initially fell more than 4% before rebounding and closing nearly 1.7% down at 3,663.82 Continue reading...

 

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