Bloomberg Originals
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China's Stock Slump Continues
Posted
August 26, 2015
Views
4,706
Likes
10
Comments
3
Engagement
0.28%
August 26, 2015
4,706
10
3
0.28%
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2:08Now PlayingAugust 26 -- China’s stocks swung between gains and losses as traders weighed the impact of lower interest rates after the steepest four-day equity plunge since 1996. The Shanghai Composite Index fell 1.3 percent to 2,927.29 at the close, after rising as much as 4.3 percent and declining 3.9 percent. The cuts in borrowing costs and lenders’ reserve ratios were announced hours after the benchmark measure closed with a 7.6 percent drop on Tuesday.
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