Investors Beat Quick Retreat From China's Riskiest Stock Board
- Star market abruptly tumbles in final hour of trading Tuesday
- Venue advanced in recent days even as broader market slumped
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Investors abruptly retreated from one of the Chinese stock market’s most speculative venues on Tuesday afternoon.
The Star market closed down 8.7%, according to a market-cap weighted index compiled by Bloomberg, reversing an earlier gain of as much as 5.5%. The new venue had -- until the final hour of trading -- provided China’s battered equity investors with shelter from wider market losses elsewhere on the mainland over the past five sessions.