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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.

Resources, industrials trigger marginal decline in equities

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