Chinese Stocks Tumble, Dragged by Plunge in Small Caps – Wall Street Journal (subscription)

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Chinese equity markets tumbled shortly after trading began on Monday, dragged down by a plunge in small-cap stocks after an injection of liquidity by the nation’s central bank spooked investors.

On Monday, the People’s Bank of Bank pumped a net 140 billion yuan ($20.68 billion) to the interbank market, the biggest such injection since June 6, ahead of a key data release, sending investors rushing to reposition their portfolios.