Stocks dip amid WMP curb concerns

Regulators aim to reduce systemic risks in banking industry

Chinese mainland stocks slumped the most in six weeks as a report about possible curbs on wealth management products added to concern that regulatory efforts to reduce risks in the financial system will limit flows into equities.

The ChiNext Index of small-company shares sank 5.5 percent, the most since June 13, while the Shanghai Composite Index fell 1.9 percent. The Shenzhen Composite Index lost 4.5 percent.