SHANGHAI: Shanghai shares posted their biggest one-day percentage fall in five years on Tuesday, dragged down by a sell-off in the financial and property sectors, reversing a two-week long rally.
The CSI300 index of the largest listed companies in Shanghai and Shenzhen fell 4.5%, the biggest one-day fall since June 2013, to 3,106.91 points, while the Shanghai Composite Index which tracks all the tickers trading on the Shanghai Stock Exchange fell 5.4%, the biggest one-day percentage fall since August 2009, to 2,856.27 points.