Index plunges 7.4% as equities dumped
By Li Xiang | China Daily | Updated: 2015-06-27 07:52
Investors make for the exits, with analysts saying market heading toward 'bear territory'
Chinese equities plunged on Friday with the benchmark index suffering the worst single-day decline in seven years and moving toward what analysts said is bear-market territory.
The Shanghai Composite Index tumbled by 7.4 percent, or 334.91 points, to close at 4,192.87.
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