China's shares slip most in 3 weeks as JPMorgan cuts China

Source: Bloomberg
© Scanpix/RS
China's equities dropped on Wednesday falling by the most in three weeks as Shanghai's free trade zone companies slipped amid speculation of excessive valuations and as JPMorgan Chase & Co. recommended reducing holdings amid economic slowdown of the nation. The Shanghai Composite Index fell 1.6% to 2,198.90 as of 1:12 p.m. and was set to record its largest fall since September 26.

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