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Stocks under psychological mark
A sharp fall in the US market overnight dragged down the mainland stock benchmark index by more than 3 percent on Friday to a 20-month low.
Shares reverse course, drop 3.6% on profit-taking
Chinese equities fell more than 3.6 percent on Thursday, wiping out almost half of Wednesday's surge, as investors took profits amid an absence of news about an anticipated government stimulus plan.
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