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Shanghai stocks down 4.33% by the break
Shanghai stocks were down 4.33 percent by the break on Tuesday, narrowing heavy morning losses after they nosedived the previous day on worries over the weak Chinese economy, dealers said.
The benchmark Shanghai Composite Index dropped 138.85 points to 3,071.06, having fallen 6.41 percent at the open.
The Shenzhen Composite Index, which tracks stocks on China's second exchange, plunged 5.85 percent, or 110.15 points, to 1,772.31.
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