China’s Stocks Drop, Extending Biggest Plunge in Eight Months
July 30 (Bloomberg) -- China’s stocks fell, extending theShanghai Composite Index’s biggest loss in eight months , afterthe central bank said it will use market tools to controllending growth. Developers led the decline. The Shanghai Composite fell 1.2 percent to 3,228.75 at the11:30 a.m. trading break, as China Vanke Co. and Poly RealEstate Group Co., the nation’s two biggest developers, slid morethan 4 percent. The measure tumbled 5 percent yesterday amidconcern the government will curb