Stocks plunge 2.33% on economic growth slowdown -- Oct 18
Updated: 2011-10-18 16:53
(Xinhua)
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BEIJING -- Chinese stocks fell more than two percent on Tuesday after official data showed that the country's economic growth dropped to the slowest pace in two years.
The benchmark Shanghai Composite Index dropped 2.33 percent, or 56.92 points to end at 2,383.49. The Shenzhen Component Index slumped 2.73 percent, or 286.56 points, to 10,226.93.
China's GDP growth slowed to 9.1 percent in the third quarter of the year, from 9.5 percent in the second quarter and 9.7 percent in the first quarter, the National Bureau of Statistics said Tuesday.
- China Sept steel output lowest since Feb
- Sinohydro shares rise on debut
- Overseas companies set to boost cruise travel
- Siemens to build Chengdu plant, R&D base
- Vale lowers Q4 iron ore price
- China's GDP growth slows to 9.1% in Q3
- China's gold output up 3.87% in Jan-Aug
- Pilot zone for private financing
