Chinese stocks break a two-decade trend, and that could signal more downside

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The Chinese stock market is getting wiped out.

China’s Shanghai Composite sank to four-year lows this week, while the so-called BATS stocks — Baidu, Alibaba, Tencent and Sina — have suffered heavy losses this month.

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That tsunami of selling has inflicted heavy technical damage on the Shanghai Composite, says one…

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