Chinese stocks drop, Asian markets mixed

Posted by A4MFP on

Beijing • Chinese stocks fell Tuesday despite official efforts to shore up slumping prices while other Asian markets were mixed after Wall Street’s decline. KEEPING SCORE: The Shanghai Composite Index fell 4 percent to 3,625.66 and Hong Kong’s Hang Seng shed 1.1 percent to 24,959.28. Tokyo’s Nikkei 225 gained 1.4 percent to 20,390.84. Taiwan, Singapore, Bangkok and New Zealand also rose. Seoul’s Kospi shed 1.2 percent to 2,029.53 and Sydney’s S&P/ASX 200 rose 1.5 percent to 5,599.80. CHINA’S DEC...

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