An attempted fall rally in Shanghai fails, with stocks tumbling back this month and the main...

|By:, SA News Editor

An attempted fall rally in Shanghai fails, with stocks tumbling back this month and the main index taking out new lows going back to 2009. Leading an overnight 0.8% decline is a 2% fall in Sinopec (SNP) after the government lowered fuel prices, surely no help to a refiner already likely refining at a loss.