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Chinese stocks are under pressure......>

CHINA STOCKS
CHINA STOCKS: Chinese stocks are under pressure again as we start the week with
the CSI300 trading at 3223, clear for now of key support at 3200. A hold above
this level is needed to prevent another leg down in Chinese stocks, which would
likely trigger further losses in the yuan.
- A potential warning sign comes from the tech-heavy CHINEXT Index which is
hitting fresh lows today trading at 1357, its lowest level since 2014. The tech
sector has underperformed over the past two months.
- The decision on Sep 15 to allow qualified foreign nationals to directly
participate in the A-share markets has failed to lift risk appetite. 

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