China Shanghai Composite Index Falls 1.65%

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China's Shanghai Composite index fell 1.65 percent to 2,915.37 on concerns about a weakening economy and growing Sino-U.S. tensions.
Hong Kong's Hang Seng index dropped 0.94 percent to 17,469.36 as a surprise interest-rate cut on Monday by China's central bank put the spotlight on the country's economic weakness.
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First Published: Jul 23 2024 | 3:42 PM IST