Key China stock index logs first consecutive daily drop since stimulus rush

Key China stock index logs first consecutive daily drop since stimulus rush Key China stock index logs first consecutive daily drop since stimulus rush

HONG KONG — China’s benchmark CSI 300 index fell for the second straight day on Wednesday, marking its first consecutive decline since authorities sparked a major market rally by rolling out stimulus measures in late September.

The CSI 300, which measures major stocks listed in Shanghai and Shenzhen, closed 0.63% lower on Wednesday, at 3,831.59. The index had dropped 2.66% on Tuesday, amid growing signs of investor uncertainty over the way forward.