Shanghai stocks pare early surge on stimulus worries amid Asia retreat




Mainland Chinese markets rallied Tuesday but were well off their morning highs, while Hong Kong tumbled as traders were left disappointed by a lack of detail on Beijing's raft of economic stimulus announced last month.

Shanghai and Shenzhen started the day on a blistering note -- piling on more than 10 percent -- as they reopened after a week-long holiday that had interrupted a rally sparked by a string of announcements by policymakers aimed at kickstarting growth.

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