China Stocks Extend Steepest Retreat This Year as Sunac Plunges

  • Mainland shares may continue to be under pressure: KGI Asia
  • Hong Kong’s benchmark gauge poised to snap six days of gains
Photographer: China Photos/Getty Images
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Chinese stocks fell after Monday’s selloff as concern about tougher regulations continued to reverberate through the market. Sunac China Holdings Ltd. tumbled in Hong Kong after a local media report that banks are reviewing the company’s credit risk.