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China stocks fall as policy tightening worries persist; Hong Kong up


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SHANGHAI China stocks fell on Monday, weighed down by heavy losses in high-flying consumer, healthcare and new energy stocks as policy tightening fears persisted.
The CSI300 index fell 1.7% to 5,061.66 points at the end of the morning session, while the Shanghai Composite Index lost 0.6%, to 3,432.01 points.
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China stocks fall as policy tightening worries persist; Hong Kong up Back to video
Leading the declines, the CSI300 consumer staples index , the CSI300 healthcare index and the CSI new energy index slumped 3.7%, 3.5% and 3.2%, respectively.
“China has chosen to proactively burst the bubbles in stocks with frothy valuations, including by giving window guidance to prevent loans from flowing into stocks and properties market, and by issuing a series of implicit warnings on state-backed media against those stocks,” said Zhang Chengyu, a Beij ....

Zhang Chengyu , Shanghai Composite Index , ஷாங்காய் கலப்பு குறியீட்டு ,

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