Stocks slump as trade woes hit sentiment

Improving liquidity, solid fiscal revenue emerge as positive signs, say analysts

Chinese stocks plunged on Thursday to a 28-month low, but experts said there have been positive signs of improving liquidity and solid fiscal revenue.

The benchmark Shanghai Composite Index fell by 0.93 percent to 2,786.9 points, with liquor and consumer company shares continuing to decline amid escalating trade tensions and a falling yuan.