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China: Shares down more than 6%


[SHANGHAI] Chinese shares plunged more than six percent Friday, after inquiries were announced into several major brokerage firms.

The benchmark Shanghai Composite Index slumped 6.11 per cent, or 222.18 points, to 3,413.37. The Shenzhen Composite Index, which tracks stocks on China's second exchange, tumbled 6.66 per cent, or 154.96 points, to 2,170.73.