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Hong Kong, China: Stocks tumble, joining global sell-off


[SHANGHAI] Hong Kong stocks tumbled more than 3 per cent to their lowest in two years on Tuesday, while Chinese shares also fell sharply, as investors joined a global sell-off amid deepening worries about the world economy.

The Hang Seng index in Hong Kong was down 3.8 per cent at 20,379.05 points by 0149 GMT, breaching a key support level and its lowest level since July, 2013.

China's blue-chip CSI300 index fell 1.6 per cent to 3,191.66 by 0149 GMT, while the Shanghai Composite Index lost 1.6 per cent to 3,050.23 points.

China CSI300 stock index futures for October fell 2.0 per cent, to 3,087.2, 104.46 points below the current value of the underlying index.