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Flash: Asian markets sell off

Posted Dec 13th 2007 4:16AM by Douglas McIntyreDouglas McIntyre RSS Feed
Filed under: China Life Insurance ADS (LFC)


Markets in Asia dropped sharply overnight. The Nikkei, Hang Seng, and Shanghai Composite all fell more than 2.5%.

Stocks in banks and insurance companies were hit especially hard on concerns about the global credit crisis. Mitsubishi UFJ Financial was down 7.9%. Nomura was off 4.3%. China Life (NYSE: LFC) fell 3.4%

Tags: inthenews, lfc

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Last updated: February 13, 2012: 01:18 AM

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