China’s major stock indexes fell the most in more than two months on Wednesday, with the Shanghai Composite Index hitting a 19-month closing low, amid a global selloff provoked by the political crisis in Italy and renewed U.S.-China trade war fears.
The blue-chip CSI300 index fell 2.1 percent, to 3,723.37, while the Shanghai Composite Index dropped 2.5 percent to 3,041.44 points, its lowest close since October 2016.
Both indexes posted their biggest single-day drop since March 23. Around 200 stocks plunged the maximum allowed 10 percent, as investors dumped shares across the board.
Source : Reuters