The number of new stocks opened on Shanghai Stock Exchange was down 7 per cent month on month.

Tech stocks plummeted in July as traders unwound leveraged positions, sparking a drop in margin financing and raising concerns in Beijing.

Tech stocks plummeted in July as traders unwound leveraged positions, sparking a drop in margin financing and raising concerns in Beijing.

The number of new stocks opened on Shanghai Stock Exchange was down 7 per cent month on month.