Chinese stocks see biggest selloff in three months

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Chinese stocks post the worst performance in three months on the first trading day after the week-long Golden Week holiday, putting them on course for their worst performance for the same period since 2008.

The Shanghai Composite Index tumbled 3.7 per cent to 2716, the biggest drop since 19th June. The Shenzhen Component Index and the Chinext index are plunging 4 per cent.

Losses are seen across the board, led by large-cap blue-chip stocks are leading the selloff . . .

 

 

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