China stock trading abruptly halted after 7% plunge

January 7, 2016 10:30 AM

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Trading in Chinese stocks was suspended Thursday for a second day this week after a dramatic plunge that sent shocks through global markets.

Dealing was briefly halted after the CSI 300 stock index fell 5%. When markets re-opened, losses reached 7% within seconds, triggering a complete suspension for the day. The shortened trading session lasted just 30 minutes.

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