Chinese stocks plummeted on Monday, with the China A50 index losing over 4.8%
Losses on main Chinese main indices were 4.8%. China A50, which includes the leading companies of the Shenzhen and Shanghai indices, is the biggest loser. The Shanghai Composite lost 3.7% of its value, while the Shenzhen Composite lost just over 4% at the end of the day. The reasons for the crash are numerous. Chinese investors had to chase their Asian counterparts after a week of losses in Hong Kong, Japan, and South Korea.
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