Markets
Chinese shares retreat on tightening concerns
(Xinhua)
Updated: 2010-03-15 16:17
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Chinese equities retreated on Monday, driving the benchmark Shanghai stock index down below the psychologically-important 3,000-point level, on concerns over government moves to cool economic growth and squash inflation.
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The Shenzhen Component Index closed at 11,903.33 points, down 265.78 points, or 2.18 percent.
Combined turnover shrank to 130.39 billion yuan ($19.09 billion) from 155.41 billion yuan the previous trading day.
