More concerns overnight in China as securities regulator open an investigation into potential irregularities in China largest single day sell off in more than 8 years.
China’s Securities Regulatory Commission liaison Zhang Xiaojun, said its monitoring reports and public complaints concerning Monday’s session.
China’s Shanghai Composite Index (FXI, quote) was down by 8.48%, Monday. It’s the largest single drop since the global crisis back in February 27 of 2007.
The index continued last night more instability with an intraday low 5% ending the day lower by 1.68%
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