Chinese shares are plummeting again

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The volatility in Chinese stocks is continuing today, although on this occasion it’s all one-way traffic.

In early trade the benchmark Shanghai Composite is off more than 7%, mirroring similar declines on the CSI 300 and ChiNext indices.

The Shanghai Composite and CSI 300 have now fallen close to 30% having hit a multi-year high in mid-June while the ChiNext has slumped 40% in just 19 trading sessions.

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