: And Chi Next, China NASDAQ-style board for high-tech and fast-growing start-ups, fell by 6.33 percent to end at 3,504.55 points, according to Global Times China. The sudden drop came at a particularly strong moment for China A-share markets, which have been on a record-breaking bull run in recent months. On Thursday, the Shanghai Composite Index dropped 3.67 percent to finish at 4,785.36 points, while the Shenzhen Component Index fell by 3.85 percent to 16,734.84 points. The Shanghai Composite Index closed above the 5,000-point level for the first time in more than seven years on June 5, and stocks on Chi Next have more than doubled in value since the middle of 2014. The fall on Thursday was seen as evidence that the bull run could soon come to an end. However, the bullish performance of China markets has raised concerns among domestic investors that a bubble may be forming and that a sharp downward correction may be coming.
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