Chinese mainland-listed stocks fell sharply as concerns over continued monetary tightening prompted profit-taking in the steel and construction materials sectors.
Losses across the region were contained thanks to gains in South Korea, leaving the FTSE Asia Pacific index down just 0.1 per cent at 268.02.
Stocks in Shanghai fell to a three-week low as investors grew more cautious about the prospect of further measures by the People’s Bank of China to rein in inflation.
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