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China stock market rout deepens

Shares on China’s benchmark index have continued to slide, defying attempts by the country’s authorities to halt the worst month-long fall in more than two decades.

More than 200 Chinese-listed companies said they would halt trading on Tuesday as they joined a growing number of businesses trying to shield themselves from the market tumble.

According to the Securities Times, a paper published by the Shenzhen Stock Exchange, 760 companies — more than a quarter of all A-share listed companies on the Shanghai and Shenzhen exchanges — had suspended trading in the past week.

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