(Bloomberg) -- Chinese stocks fell in U.S. trading
after Former Federal Reserve Chairman Alan Greenspan said he was
concerned that equities in China might undergo a ``dramatic
contraction.'' China Petroleum & Chemical Corp. led the retreat.
The Bank of New York Co.'s China ADR Index, tracking the
nation's American depositary receipts, slid 0.6 percent to 370.96
as of 3:50 p.m. in New York. The index earlier rose as much as 1
percent.
Read more at Bloomberg Stocks News
after Former Federal Reserve Chairman Alan Greenspan said he was
concerned that equities in China might undergo a ``dramatic
contraction.'' China Petroleum & Chemical Corp. led the retreat.
The Bank of New York Co.'s China ADR Index, tracking the
nation's American depositary receipts, slid 0.6 percent to 370.96
as of 3:50 p.m. in New York. The index earlier rose as much as 1
percent.
Read more at Bloomberg Stocks News
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