Chinese shares dive 4.48%, dragged down by heavyweights

Chinese shares dived 4.48 percent on Tuesday, dragged down by heavyweights. The benchmark Shanghai Composite Index closed at 3,443.16 points, plumped 161.60 points, or 4.48 percent, from the previous close. The Shenzhen Component Index on the Shenzhen Stock Exchange closed at 12,449.81 points,... [read full story]