(Bloomberg) -- China's stocks posted their biggest
drop in more than three weeks on concern that government plans
for a $200 billion bond sale and the proposed introduction of
index futures will drain cash from equities.
The CSI 300 Index fell 181.96, or 4.5 percent, to close at
3858.52. That's the biggest decline since June 4, when the index
lost 7.7 percent. The measure, which posted the biggest
fluctuation among markets included in global benchmarks, has
almost doubled this year.
Read more at Bloomberg Stocks News
drop in more than three weeks on concern that government plans
for a $200 billion bond sale and the proposed introduction of
index futures will drain cash from equities.
The CSI 300 Index fell 181.96, or 4.5 percent, to close at
3858.52. That's the biggest decline since June 4, when the index
lost 7.7 percent. The measure, which posted the biggest
fluctuation among markets included in global benchmarks, has
almost doubled this year.
Read more at Bloomberg Stocks News
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