New Delhi, Sept. 15 -- Shares of Chinese defence stock, Avic Chengdu, tumbled in trade on Monday, September 15, as investors booked gains following a three-day rally and amid the US-China trade talks. Other defence stocks in the Chinese stock market traded with cuts, with the index down nearly 0.75% in the afternoon deals.

Avic Chengdu, maker of J-10 fighter jets, tumbled in trade and shed 2% of its value. The fall comes following a three-day rally wherein the defence stock gained over 4%.

Meanwhile, Avic Chengdu shares are down 20% so far in September, after a nearly similar rise in August.

Despite this volatility, the J-10 fighter jet maker's stock remains one of the best-performing defence stocks in the Chinese market in a year. It ...