By Zhang Shidong
Sept. 16 (Bloomberg) -- France overtook China as the world's fourth-largest stock market after lending curbs and an economic slowdown made the Asian nation's equities among the worst performers globally this year.
Equities traded on China's Shanghai and Shenzhen stock exchanges dropped in value to $1.98 trillion as of Sept. 12, below the $2.01 trillion for France as of Sept. 14, according to the most recent data compiled by Bloomberg. China's markets were shut yesterday for a holiday.
To contact the reporter on this story: Zhang Shidong in Shanghai at szhang5@bloomberg.net
Tuesday, September 16, 2008
France Overtakes China as World's Fourth-Largest Stock Market
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