Porsche hit as Trump's VP choice heightens China worries
** Porsche AG P911_p.DE down as much as 5.7% on growing concerns over its exposure to China, after former U.S. President Donald Trump picks Ohio Senator J.D. Vance as his running mate
** "JD is known as China hardliner" notes one trader. Another dealer says a harder U.S. stance over China won't help the world's No. 2 economy and adds: "Trump rotation taking place"
** Earlier this month, Porsche said H1 vehicle deliveries fell, dragged lower by a 33% year-on-year drop in China
** Other China-exposed stocks like luxury also hit. STOXX Luxury Europe 10 .STXLUXP down as much as 4.2% over two sessions after warnings from Hugo Boss BOSSn.DE and Burberry BRBY.L
Reporting by Danilo Masoni; Editing by Amanda Cooper
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