Chinese stocks are now among Asia's worst-performing as Beijing crackdown spooks investors

At the close of regional markets on Tuesday, the CSI 300 — which tracks the largest stocks listed in mainland China — had plunged 8.83% so far this year.

Hong Kong's"There hasn't been a single two-day decline since the Financial Crisis that has exceeded the magnitude of the last two days," analysts at Bespoke Investment Group wrote in a note.

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