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Chinese Stocks Plunge Below Key Support, Global Tech Wreck Escalates

Courtesy of ZeroHedge. View original post here.

Asia's 'FANG' stocks are tumbling once again as the global tech wreck continues to escalate (TATS down 10% from highs).

Taiwan Semi, Alibaba, Tencent, and Samsung (TATS) are down 7 days in a row and over 10% – the biggest such drop on record…

While Chinese bonds are holding back from their 4.00% yield line of doom, Chinese stocks are tumbling with the benchmark Shanghai Composite breaking below key support to 4-month lows.

But whoile Shanghai Comp is down notably, it is the tech and small cap heavy Shenzhen and CHINEXT that are getting hit hard…


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