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China’s stock market meltdown continues

The meltdown continued on China’s stock markets on Wednesday with the two main bourses falling around 6 percent each.

The CSI300 index of Shangai and Shenzhen closed down 6.8 percent, while the Shanghai Composite Index fell 5.9 percent.

That means China’s top shares have lost around a third of their value since the end of June.

China’s financial regulator has warned of “panic sentiment” gripping investors as another 500 firms called a trading halt in their shares.

That means almost half of the markets’ listed firms are no longer being trad

China’s stock market meltdown continues | euronews, economy

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