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Stocks

Chinese financial stocks hit hard by 'regulatory storm'

Fears of further shackles on profits send share prices tumbling across China

HONG KONG -- Financial stocks are faring increasingly worse on Chinese stock markets due to a wave of stricter regulations by banking, securities and insurance authorities.

Investors fret that a tighter grip, including curbs on high-risk trading, would leave financial companies with their hands tied and strip them of profit opportunities.

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