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Home >> Business
UPDATED: 10:52, December 01, 2006
Chinese shares drop due to profit-taking during morning session
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Chinese shares dropped during morning trading session due to profit-taking by some investors after successive rises in the past few days.

By press time, the benchmark Shanghai Composite Index, a major index of Chinese shares, stood at 2088.81, down 10.67 points, after it opened at 2106.29 points, up 7.01 points.

It closed at 2,099.29 points on Thursday, up 45.20 points from the previous close.

The Shanghai index tracks both yuan-denominated A shares and hard-currency B shares traded on the Shanghai Stock Exchange.

Source: Xinhua


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