Shanghai A shares fell again last night, -0.9%, the 6th consecutive drop. Rumors had floated...

|By:, SA News Editor

Shanghai A shares fell again last night, -0.9%, the 6th consecutive drop. Rumors had floated about of another reserve ratio cut and stocks steepened their slide late in the afternoon when that didn't materialize. Stocks are off more than 6% in the 2 weeks since China initially lowered the RRR, and are near a 3 year low.