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Chinese shares close down 1.73%

(Xinhua)
Updated: 2009-12-09 15:51

The benchmark index of Chinese equities dropped 1.73 percent Wednesday, led by declining financial and property stocks.

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The Shanghai Composite Index went down 1.73 percent, or 57.09 points, to close at 3,239.57.

The Shenzhen Component Index dipped 1.14 percent, or 158.12 points, to close at 13,772.17.

Combined turnover shrank to 232.27 billion yuan ($34.01 billion) from 275.4 billion yuan on the previous trading day.

Losers outnumbered gainers by 730 to 156 in Shanghai and 638 to 166 in Shenzhen.
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