China sell-off drives Asian equities lower


Beijing's recent regulatory crackdowns on a range of local private companies triggered a heavy sell-off in top Chinese tech stocks and have started seeping into currency and debt markets.

BENGALURU: Asian emerging stock markets fell across the board on Wednesday as a rout in Chinese equities for a fourth consecutive session sapped risk appetite, ahead of a U.S. Federal Reserve policy meeting later in the day.

Beijing's recent regulatory crackdowns on a range of local private companies triggered a heavy sell-off in top Chinese tech stocks and have started seeping into currency and debt markets.

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