Chinese Shares Suffer Worst Day in Five Months as Exports Slump

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Chinese Shares Suffer Worst Day in Five Months as Exports Slump
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The Shanghai Composite Index fell 4.4%, while its smaller Shenzhen counterpart dropped 3.8%—their biggest single-day drops since October

SHANGHAI—Chinese shares suffered their worst day since October after weak exports data added to renewed concerns about the health of the global economy.

The Shanghai Composite Index fell 4.4%, while its smaller Shenzhen counterpart dropped 3.8%, their biggest single-day drops in five months. The technology-focused ChiNext Price Index shed 2.2%, and the dollar strengthened against the yuan in onshore trading.

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