March 27, 2008
Shanghai Collapse
The Shanghai Composite Index, a benchmark of Chinese shares owned inside and outside China, fell again today to its lowest level in almost a year. The index closed down almost five and half percent March 27 to 3,411 representing a loss now of well over 30% probably close to 40% from its peak last year.
Labels: bear market, china, crash, finance, shanghai composite, stocks
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