China will suspend stock market "circuit breakers"
CHINA will suspend "circuit breakers" on its stock exchanges amid concerns the mechanism is contributing to recent sell-offs, the country's top securities regulator says.
The country's CSI 300 index fell 7 per cent on Thursday, triggering the trading curbs.
It was the shortest trading session in 25 years.
Under the circuit breaker system, markets were suspended for 15 minutes if the CSI 300 index of Shanghai and Shenzen stocks fell by five per cent.
If the index fell seven per cent, markets were suspended for the rest of the day.
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