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Chinese shares sink 6.31% on dampened sentiment, profit taking
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16:38, November 18, 2008

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Chinese shares sank 6.31 percent to close at 1,902 points on Tuesday, in reaction to falls on Wall Street and other regional markets.

The benchmark Shanghai Composite Index, which covers both A and B shares, tumbled 6.31 percent to 1,902 points. The Shenzhen Component Index lost 7.22 percent to 6,293 points.

The plunge was because of profit taking from rebounds on previous trading days, analysts said.

Source:Xinhua



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