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Chinese stocks dive more than 6 percent

Chinese shares nosedived on Tuesday with the benchmark Shanghai Composite Index dropping 6.15 percent to close at 3,748.16 points.

The Shenzhen Component Index lost 6.56 percent to close at 12,683.86. The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, slumped 6.08 percent to end at 2,504.17.




 

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