China's stocks slump tracking Nikkei's fall

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Publish time: 22nd September, 2011      Source: ChinaCCM
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China's stocks fell 2.78 percent on Thursday following retreats in the Asian markets with the 225-issue Nikkei Stock Average tumbling 2.07 percent.

The retreats came after the U.S. Federal Reserve on Wednesday announced its stimulus measures to buy 400 billion U.S. dollars of long-term bonds.

The benchmark Shanghai Composite Index fell 2.78 percent, or 69.91 points, to close at 2,443.06 points.

The Shenzhen Component Index dropped 3.01 percent, or 331.38 points, to finish at 10,660.47.

Losers outnumbered gainers by 917 to 48 in Shanghai, and by 1,360 to 89 in Shenzhen.

Source: Xinhua