Chinese stocks fall, paring monthly gain

China's stocks fell, paring a third month of gains for the benchmark index, as metal producers fell after profit plunged at Baoshan Iron & Steel Co and Aluminum Corp of China Ltd said it will extend a loss.

Baoshan, China's largest steelmaker, slid 2.5 percent after 2008 profit slumped 49 percent as prices dropped, hurting inventory values. Aluminum Corp of China Ltd, the nation's largest producer of the metal, fell 3.8 percent.

Sinolink Securities Co led gains among brokerages after earnings last year doubled.