China stocks extend selloff, keep Asia in check


The slide in China forced Asian markets off earlier gains, with the MSCI's broadest index of Asia-Pacific shares outside Japan flat. It shed more than 1 percent on Thursday. South Korean share gained 0.4 percent and Australian stocks rose 1.2 percent. Japan's Nikkei was flat.(AFP pic shows a stock investor gestureing as she checks share prices at a security firm in Fuyang, east China's Anhui province on May 28, 2015. Chinese stocks plunged 6.5 percent on May 28 on concerns over tight liquidity and stricter requirements for margin trading, after closing at a more than seven-year high the previous day, )

TOKYO: Chinese share markets extended a bruising selloff on Friday after the previous day's plunge, while the dollar took a breather from a sharp run up this week.

The slide in China forced Asian markets off earlier gains, with the MSCI's broadest index of Asia-Pacific shares outside Japan flat. It shed more than 1 percent on Thursday. South Korean share gained 0.4 percent and Australian stocks rose 1.2 percent. Japan's Nikkei was flat.

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