China Stocks Take Big Plunge

A government move on the price of transactions sent mainland bourses' A-shares diving on panic selling by retail investors

China's shares took a severe beating on June 4 in another sign their gravity-defying climb has got to plummet back to earth. Panicky investors rushed for the exits, pushing the key CSI 300 Index down 7.7%. The index, which tracks yuan-denominated A-shares listed on the Shanghai and Shenzhen exchanges, has declined 16% in four trading days.

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