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China stocks fall as tech equities slide

China Daily | Updated: 2017-06-13 07:08

SHANGHAI - China stocks fell on Monday as tech plays succumbed to a sell-off in the US and other Asian markets, and as investors worried that tighter credit would drag on corporate profitability and economic growth in coming months.

The blue-chip CSI300 index ended little changed at 3,574.39 points, while the Shanghai Composite Index lost 0.6 percent to 3,139.88.

Tech shares dropped sharply, following a sell-off on Wall Street on Friday triggered by concerns about Apple's new iPhones and a cautious Goldman Sachs report about the sector.

China stocks fall as tech equities slide

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