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1st LD: Chinese shares dive over 6 pct

Xinhua, January 26, 2016 Adjust font size:

Chinese shares plunged heavily on Tuesday, with the benchmark Shanghai Composite Index nose-diving more than 6 percent during the afternoon session.

The Shanghai index opened lower and remained firmly in negative territory during the morning session, before pointed down to 3 percent lower shortly after the midday break, and plunged further to over 6 percent lower after 2:00 p.m.

The ChiNext Index, the NASDAQ-style board of growth enterprises, was the most battered sector, which dived 7.3 percent at 2:47 p.m. Endi