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China shares slide

Friday, 3 January 2014


HONG KONG, Jan 2 (Reuters): China shares fell in the new year's first trading session, as investors worried about slower economic growth after official and private manufacturing surveys both showed weaker Chinese factory activity in the last quarter of 2013.
The CSI300 of the leading Shanghai and Shenzhen A-share listings ended down 0.4 per cent on Thursday, while the Shanghai Composite Index fell 0.3 per cent at 2,109.38 points.
Leading the falls were energy and financial counters. In Shanghai, China Oilfield Services Ltd plunged 5.9 per cent to its lowest in almost two weeks and China Merchants Bank dropped 1.5 per cent.