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    Stock market: volatile plunges continue

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    2016-01-12 10:05CCTV Editor: Feng Shuang

    China's stock market continues with volatile plunges at the start of the week as worries over the slowing economy send traders panicking.

    The benchmark Shanghai Composite Index tumbled 5 percent, or 169 points, to 3016.17.

    Concerns over China's economy and weakening currency send the Shanghai index down nearly 10 percent last week.

    On Friday, authorities suspended a new "circuit breaker" mechanism that has twice automatically closed Chinese market last week.

      

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