China’s stocks sink to four-week low on policy headwinds from Politburo meeting

China’s stocks benchmark dropped the most in four weeks, as a top-level meeting by the Communist Party signalled that policymakers will pare the package aimed at bolstering economic growth.The Shanghai Composite Index retreated 1.7 per cent, or 55.76 points, to 3,215.04. Other major equity gauges dropped as well, with a measure of the 50 biggest companies on the Shanghai exchange shedding 2.4 per cent as the worst performer. Hong Kong’s market was closed for holidays and will reopen on Tuesday…

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