China’s Stocks Fall After Posting Biggest Swings in 22 Months

China’s stocks fell after posting the biggest swings in 22 months as the Shanghai Composite Index reached a four-year low and investors speculated the government will take steps to bolster financial markets.

The Shanghai Composite lost 0.2 percent to 1,959.51, after fluctuating 114 points between its high and low, the biggest intraday swing since August 2011, according to data compiled by Bloomberg. The CSI 300 Index slipped 0.3 percent to 2,165.42 at the close, trimming a loss of as much as 6.8 percent. The CSI 300 entered a bear market yesterday after the People’s bank of China signaled it will maintain efforts to curb speculative lending. Ping An Bank Co. and China Vanke Co. led a gauge of financial shares to its biggest two-day rout since August 2009.