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Chinese equities shed 1.24 percent Friday, paring two weeks' gains on concerns over government moves to rein in loans to squash inflation.
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The Shenzhen Component Index closed at 12,169.11 points, down 198.58 points, or 1.61 percent.
Combined turnover shrank to 155.41 billion yuan ($22.75 billion) from 166.4 billion yuan the previous trading day.