(Bloomberg) -- China's shares fell, erasing earlier
gains, on concern the government may impose more taxes to cool the
market after a tripling of the duty on securities trades failed to
deter new investors.
Bright Dairy & Food Co. and Dongfeng Automobile Co. were among
about 100 stocks in the CSI 300 Index that plunged by the 10
percent daily limit. The index slid 3.2 percent to close at
3803.95, after climbing as much as 2.2 percent.
Read more at Bloomberg Stocks News
gains, on concern the government may impose more taxes to cool the
market after a tripling of the duty on securities trades failed to
deter new investors.
Bright Dairy & Food Co. and Dongfeng Automobile Co. were among
about 100 stocks in the CSI 300 Index that plunged by the 10
percent daily limit. The index slid 3.2 percent to close at
3803.95, after climbing as much as 2.2 percent.
Read more at Bloomberg Stocks News
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