European equities fell at open on Tuesday as disappointing China data added to concern over the nation’s fragile economic recovery, weighing on stocks strongly exposed to the market.

The Stoxx Europe 600 declined 0.5% by 8:05 a.m. in London as soft Chinese services PMI data weighed, with almost all the sectors in red. LVMH and Hermes were under pressure as China’s slowdown weighed, given the country is estimated to contribute up to a fifth of their annual sales.

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European Stocks Decline as Weak China Data Weighs; Luxury Slides