China shares end at 14-month lows after late selling frenzy

January 26, 2016 7:59 AM

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China shares end at 14-month lows after late selling frenzy

SHANGHAI Chinese shares plunged more than 6 percent to 14-month lows on Tuesday after oil prices dropped again, reviving concerns about global growth and prompting a sell-off in the world's equity markets.

Battered by a late selling frenzy, the benchmark Shanghai Composite Index .SSEC ended down 6.4 percent at 2749.79 points, its lowest close since Dec. 1, 2014.

Also read: China Hitches Yuan to the Dollar, Buying Rare Calm

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