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Stocks plunge in wake of tighter credit, global fallout

by Richard Fu

CHINA'S benchmark stock index plunged nearly 8 percent yesterday following the central bank's move to tighten credit and an overall weakness in global equity markets. Falls on the two mainland markets wiped a...

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<p><a href="http://www.shanghaidaily.com/sp/article/2008/200806/20080611/article_362780.htm"> Stocks plunge in wake of tighter credit, global fallout </a> by -- CHINA'S benchmark stock index plunged nearly 8 percent yesterday following the central bank's move to tighten credit and an overall weakness in global equity markets. Falls on the two mainland markets wiped a... </p>