China’s stocks fall as trading resumes after a week-long holiday

China's stocks fell as trading resumed after a week-long holiday which saw global equities enter a bear market on concern over the strength of the world economy. The Shanghai Composite Index dropped 0.6 per cent to 2,746.20 at the close, as losses for financial and industrial companies overshadowed a rally for gold miners. The Hang Seng China Enterprises Index jumped from a six-year low. The Shanghai Composite has plunged 22 per cent this year, the world’s worst performer after Greek equities, on concern that the economic slowdown and weakening yuan will exacerbate capital outflows.