Key China stock index logs first consecutive daily drop since stimulus rush

HONG KONG -- China's benchmark CSI 300 index fell for the second straight day on Wednesday, marking its first consecutive decline since authorities sparked a major market rally by rolling out stimulus measures in late September.

The CSI 300, which measures major stocks listed in Shanghai and Shenzhen, closed 0.63% lower on Wednesday, at 3,831.59. The index had dropped 2.66% on Tuesday, amid growing signs of investor uncertainty over the way forward.