The Shanghai Composite has ended a seven-day winning streak with a bang, wiping out 6.5 per cent to record its second-worst session of 2015, or its 10th worst session in 15 years.
Until Thursday China's benchmark index had surged more than 50 per cent, despite widespread concerns that the market was in bubble territory. The seven session run was the longest since a 10-day run to March 24.
The tech-heavy Shenzhen Composite, which had more than doubled this year alone, also lost 5.5 per cent — the third biggest fall in five years.
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