July 16, 2020 / 7:21 AM / 19 days ago

China shares plunge as Sino-U.S. tensions weigh

SHANGHAI, July 16 (Reuters) - Chinese shares slumped by the most in more than five months on Thursday as a bull run that had pushed the country’s benchmark indexes to multi-year highs reversed sharply amid renewed Sino-U.S. tensions.

At the close, the Shanghai Composite index was down 4.5% at 3,210.10, and the blue-chip CSI300 index plunged 4.81%, the sharpest one-day percentage fall for both indexes since Feb. 2. (Reporting by Andrew Galbraith; Editing by Alex Richardson)

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