Resources, industrials trigger marginal decline in equities
China Daily | Updated: 2018-01-16 07:49
SHANGHAI - Stocks on the Shanghai Stock Exchange fell on Monday to break an 11-session winning streak, with gains in banking and real estate firms offset by falls in resources and industrial shares, as investors took in profits after a recent bull run.
China's bank lending halved in December 2017 as the government kept up its campaign to curb financial system risks, but banks still managed to dole out a record amount for the year amid the tighter scrutiny.
At close, the Shanghai Composite Index was down 18.45 points or 0.54 percent, at 3,410.49 points.
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