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China shares tumble on bond rout, blue-chip index down most in 1½ yrs

China shares tumble on bond rout, blue-chip index down most in 1½ yrs

SHANGHAI (Nov 23): Chinese shares tumbled on Thursday with the blue-chip index suffering its worst fall in nearly 1½ years as worries about a selloff in the bond market bled into equities.

Consumer and healthcare firms led the fall and dragged the CSI300 index down sharply by 2.93%, to 4103.73, its biggest fall in percentage terms since June 13, 2016. The broader Shanghai Composite Index lost 2.26% to 3352.99 points, its worst day since December.

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