SHANGHAI, Sept 16 (Reuters) - China's stock benchmarks dropped over 1% on Thursday, with property and banking stocks leading the slide.
The blue-chip CSI300 index fell 1.2% to 4,807.70, while the Shanghai Composite Index lost 1.3% to 3,607.09 points.
Hong Kong-listed shares of China Evergrande slumped 6.4% to the lowest in a decade.
Its main unit, Hengda Real Estate Group Co Ltd, halted trading of its onshore corporate bonds following a downgrade.
The CSI300 Real Estate Index tumbled more than 3%.
The CSI300 banking index dropped 1%.
Shanghai's tech-heavy STAR Market and Shenzhen's start-up board ChNext both lost 2.4%.
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