Some banking stocks had no buyers.
Analysts are of many minds about the outlook for banking stocks, with some sounding alarms and others remaining cautiously optimistic.
The fund also invests heavily in banking stocks.
But most banking stocks continued to decline.
The feverish demand for Chinese banking stocks comes despite the mismanagement, corruption and poor lending practices.
Mr. Hickling sees banking stocks as the best way to take advantage of declining European interest rates.
The banking stocks had the advantage of lower interest rates and analysts' recommendations.
Other banking stocks were weak, with J. P. Morgan falling 1, to 52, on no apparent news.
The carnage was widespread, but banking stocks and shares in financial services companies were particularly hard hit.
The measures made little impact on the stock market, with banking stocks falling across the board.
