The blue-chip CSI300 index fell 1.3% to 3,967.10, while the Shanghai Composite Index dropped 1.4% to 2,962.75, both their steepest drop since Nov. 11.
SHANGHAI: China stocks on Monday posted their worst single-day drop in six weeks, weighed down by a correction in tech shares after a state fund announced plans to cut its stakes in some of these companies, while focus remained on the Sino-U.S. trade deal.
The blue-chip CSI300 index fell 1.3% to 3,967.10, while the Shanghai Composite Index dropped 1.4% to 2,962.75, both their steepest drop since Nov. 11.
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