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China CSI300 index dives 7% before 'circuit breaker' stops trade

New market mechanism spooks foreign investors, raising fresh doubts about regulators' efficiency
Tuesday, January 5, 2016 - 05:50

Shanghai

CHINA'S major stock exchanges tanked on the first trading day of the year, triggering a "circuit-breaker" that suspended equities trade nationwide for the first time and put months of regulatory work to restore market stability at risk.

The sell-off saw the CSI300 index of