Logo 28 Jul 2021

A bad day for Chinese equities

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On Tuesday, A-shares took a bit of a hit.
At the close of trade:

The Shanghai Composite Index was down 2.49%
The Shenzhen Composite Index was down 3.67%
ChiNext was 4.11%

What could possibly have caused investor sentiment to take such a dive?
21st Century Biz reports that it was partly driven by a...