Shares tumble to 13-month low amid rush to sell
By Li Xiang | China Daily | Updated: 2016-01-27 08:21
Chinese stocks plunged to their lowest level in 13 months on Tuesday.
The Shanghai Composite Index fell by 6.42 percent, its biggest loss since the first week of January, to close at 2,749.79 points. The ChiNext startup index in Shenzhen tumbled by 7.63 percent.
The sell-off triggered a market stampede as more than 1,000 stocks fell by the 10 percent daily trading limit.
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