1-day drop: China stock market drops 1% in 3 sessions, Shanghai Composite Index at 2,998.14, below 3,000-pt plateau.
The China stock market dropped 1% in three consecutive sessions, with the Shanghai Composite Index at 2,998.14, beneath the 3,000-point plateau. Support is expected on Monday, as the global forecast is weak with oil and technology stocks affecting the market. The SCI finished slightly lower on Friday, losing ground from financial, property, and resource companies. The Shenzhen Composite Index also eased.
June 24, 2024
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