ECM: China stocks slip despite fresh government support
SHANGHAI: China stocks tumbled again in late trading on Thursday, underscoring fragile investor confidence in the market as worries about the world's second-largest economy persist.
Trading volumes were thin, suggesting many investors stayed on the sidelines.
Shares were marginally lower in the morning, as statements by a slew of companies that the government had invested in them boosted some counters. But in mid-afternoon, prices began to drop.