China circuit-breaker suspended amid stock rout

China’s three main stock exchanges are to suspend the new index circuit-breaker, which went live at the start of this year and has already halted trading twice in Shanghai and Shenzhen. The Shanghai Stock Exchange, Shenzhen Stock Exchange and China Financial Futures Exchange jointly announced the decision around 10:30pm local time last night, amid mounting criticism of the mechanism. Deng Ge, a spokesman at the China Securities Regulatory Commission (CSRC), said the new limits h…