Date:09/08/2008 URL: http://www.thehindu.com/2008/08/09/stories/2008080955411400.htm

Business

Shanghai Composite Index falls 4.5 p.c.

SHANGHAI: Chinese shares fell to their lowest level in nearly 19 months on Friday as investors and analysts puzzled over why expectations of a rally linked to the Beijing Olympic games never materialised. The benchmark Shanghai Composite Index sank 4.5 per cent, or 122.81 points, to 2,605.16.