Stocks in Shanghai started the week on the back foot as China’s currency weakened and after the city’s stock exchange announced a drive to clamp down on strategically timed trading halts by listed companies.
The Shanghai Composite index was down 1.5 per cent in morning trading as the renminbi weakened 0.5 per cent to Rmb6.885 per dollar.
The fall came after the Shanghai Stock Exchange on Friday announced the clampdown on trading halts by companies listed on the bourse.
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