SHANGHAI, July 4 (UPI) -- Key Chinese stock exchanges continued their three-week fall this week, with brokerage firms uniting to establish a stock market fund.
The Shanghai Composite Index lost 12.1 percent in the week ending Friday and over one-quarter of its value since June 12. The Shenzhen Composite Index fell 5.3 percent and 16.2 percent in the past three weeks, and the small-cap ChiNext exchange declined 1.7 percent during the week and 10.8 percent overall.