IN BRIEF (Page 20)

Stocks drop 4.47%

The mainland stock market tumbled 4.47 percent, led by financial and property shares, as investors worried the possible further slowdown of China economic growth after the Olympics. The Shanghai Composite Index plunged 121.86 points to close at 2605.72, the lowest point since December 2006. The Shenzhen Component Index slid 4.17 percent, or 376.51 points, to close at 8658.78.

Yuan rate lower