China’s stock rally fizzles as traders reassess stimulus bets

The benchmark CSI 300 Index was up just about 5% some 90 minutes into trading on Tuesday after surging almost 11% at the start of the session. The measure had gained for nine straight sessions through Sept. 30 before heading into the Golden Week break. A gauge of Chinese shares listed in Hong Kong tumbled as much as 11%% after having rallied by almost the same amount in the period that onshore markets were shut.

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