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China stocks slide 5.3 pct to new 20-month low Reuters - Tuesday, August 19 * Strong South Locomotive debut not positive sign for market * Over 200 Shanghai stocks plunge 10 percent limit * Regulator's pledge of support fails to reassure investors By Claire Zhang SHANGHAI, Aug 18 - China's main stock index tumbled more than 5 percent on Monday to a new 20-month closing low, hit by fears that slowing economic growth will stifle the expansion of corporate profits. The Shanghai Composite Index ended down 5.34 percent at 2,319.868 points, only marginally off its intra-day low of 2,318.926. It...

Shanghai index drops below 3,000 By V. Phani Kumar, MarketWatch Last Update: 12:02 AM ET Jun 12, 2008 HONG KONG (Menafn - MarketWatch) -- Chinese shares in Shanghai suffered big losses Thursday to pull the benchmark stock index down to less than half its value at the past year's record high. The drop came in spite of economic data, which showed that inflation eased in May, as investors worried the relief was only temporary. Other markets in Asia tumbled as well, with Japanese shares dropping as fears about high oil prices and rising inflation weighed down real estate companies such...

Shanghai down over 50% from peak By Andrew Wood in Hong Kong Published: April 22 2008 03:09 | Last updated: April 22 2008 05:55 Asia-Pacific stock markets on Tuesday retreated from seven-week highs hit the previous session, with Shanghai falling below the level marking a halving in value from its peak in October last year. The Shanghai Composite Index fell by more than 3 per cent in early trading to as low as 3,007.866 – below the 3,062 level which marks a 50 per cent decline from the peak of 6,124.044 hit during trading on October 16, 2007, and less...