(Bloomberg) — The recent buoyancy in the world’s second-largest stock market in China was under threat Monday after oil plunged and U.S. index futures tumbled.A gauge of stocks in Shanghai and Shenzhen fell 3.4%, finishing near the day’s low, while selling by foreigners hit a record 14.3 billion yuan ($2.1 billion). An index of Chinese shares traded in Hong Kong dropped as much as 4.6%, which would be its biggest loss on a closing basis in two years. China National Offshore Oil Corp. slumped 16%, on track for its worst day on record.China’s CSI 300 Index touched a two-year high …read more
Source:: Yahoo Finance
