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Bank sales drag down index 2.4 percent

China Daily | Updated: 2009-01-09 07:41

Bank sales drag down index 2.4 percent

Mainland stocks fell yesterday, led by banks after two high-profile sales of Chinese bank shares in Hong Kong sparked fears of more such selling.

The Shanghai Composite Index ended down 2.38 percent at 1878.181 points, off a low of 1862.263.

Turnover in Shanghai A shares shrank to a moderate 54.9 billion yuan from Wednesday's 63.7 billion yuan.

Bank sales drag down index 2.4 percent

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