2010-06-28 16:33

China's A-share stock market lost 2.5 trillion yuan by June 25 as the benchmark Shanghai Composite Index fell more than 700 points, or 22 percent, from the beginning of this year, China National Radio reported Monday.

The Shanghai Composite Index fell all the way from 3,306.75 to 2,552.82 as of June 25. It continued the declining trend Monday to close at 2,535.28 points, down 0.69 percent from the previous trading day.

The Shenzhen stock index was down 0.92 percent to close at 10,012.06 Monday.

A survey from the Investor Journal shows that institutional investors are pessimistic about the stock market for the next half of this year, but the editorial of the magazine remains optimistic and expects the Shanghai Composite Index bounce to 3500.