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Mainland Stocks on Track for Worst Day in Three Years

By Tanner Brown / May 06, 2019 02:42 PM / Finance

After getting off to a rocky start, mainland stocks continued to slide during the day en route to potentially posting their biggest sell-off in more than three years.

All three of the major mainland indexes opened more than 3% down, after U.S. President Donald Trump threatened China with higher tariffs. By mid-afternoon with just a half-hour left in the session, the benchmark Shanghai Composite Index was down 5.8%, and the Shenzhen Component Index was down 7.4%.

Related: Investors Flock to Funds Targeting High-Tech Board Stocks

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