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1st Ld-Writethru: Chinese shares tumble over 3 pct in afternoon session

Xinhua, July 27, 2015 Adjust font size:

China's benchmark Shanghai Composite Index went down more than 3 percent soon after opening of the afternoon session on Monday.

The financial and nonferrous metal sectors suffered heavy losses.

The National Bureau of Statistics said on Monday that profits at major Chinese industrial firms dropped 0.3 percent year on year in June, down from a 0.6 percent growth posted in May. Endi