More than 2,800 stocks in Shanghai and Shenzhen fell, with nearly 500 of them dropping by their daily 10 per cent limit on Monday. Photo: AP

China stocks plunge on ‘Black Monday’, with nearly 500 stocks falling by daily limit of 10pc

The widespread decline was triggered by fears of a prolonged scrutiny on the financial sector, analysts said

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More than 2,800 stocks in Shanghai and Shenzhen fell, with nearly 500 of them dropping by their daily 10 per cent limit on Monday. Photo: AP
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