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Update | Shanghai and Shenzhen stocks finish lower, Hong Kong softer at the close
Growth worries hound punters in market despite China economy expanding 7 per cent in second quarter
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Chinese stocks stumbled to a weak close on Wednesday as a recovery in equities appears to have been cut short due to worries over prospects in equity markets going forward.
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The Shanghai Composite Index dropped 3.03 per cent to finish at 3,805.7 points, as the market-wide weakness offset a modest gain in large-cap stocks in oil, banks, and insurance.
Shenzhen's Composite Index dominated by small and mid-cap companies gave up 4.22 per cent to end at 2,058.84.
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The CSI 300 Index fell 3.54 per cent to close at 3,966.76.
The ChiNext Board of technology companies dropped 4.99 per cent to 2,590.03.
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