Trading on Chinese stock exchanges halted after the fall of the index by 7%


BEIJING, January 4. /Corr. Oleg Trutnev/. Trading on the Shanghai and Shenzhen stock exchanges were today stopped by one day after the fall of their General the CSI 300 index more than 7%. This was reported by the Xinhua news Agency.

By the time the stop of trading the index of the Shanghai site Shanghai Composite fell to 6.85% to 3296,66 paragraph, the rate of exchange Shenzhen Shenzhen Component – 8.16% to 11630,93 item. The decrease in the indices occurred against the background of weak industrial statistics according to the published data on Monday the newspaper “Caixin”, the business activity index (PMI) of the manufacturing sector of the Chinese economy in December 2015 dropped to a mark 48,2 – the lowest level since September last year.

Trading was suspended automatically by system, put into effect this year. It is designed to prevent a chain reaction on the stock exchange, such as those that occurred during the crisis in the summer of 2015.