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Chinese stocks tumbled the most in six weeks

Chinese stocks posted the biggest drop in six weeks triggered by deepened concerns about the prospect of the government scaling back stimulus.

The Shanghai Composite Index plunged 2.4 per cent to close at 3123, making it 4.5 per cent lower than a week earlier. That would be the worst weekly performance this year.

The samller Shenzhen Component Index tumbled 3.2 per cent to break through the 10,000 mark, the biggest one-day drop in nearly five months. The Chinext Composite index slid 2.8 per cent.

Losses were seen across the board, led by telecom, technology . . .

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