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Shanghai, Hong Kong plunge after Wall St losses


[HONG KONG] Shanghai stocks extended their sharp losses on worries over the economy on Thursday, in line with another regional sell-off after New York's three main indexes were hammered again.

The benchmark Shanghai Composite Index lost 2.56 per cent, or 75.55 points, to 2,874.05, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, tumbled 3.27 per cent, or 58.65 points, to 1,732.53.

And in Hong Kong, the Hang Seng Index sank 1.79 per cent, or 355.96 points, to 19,578.92.