China stocks drop on profit booking after holiday break

Mainland China share market closed down on first trading day of the Year of the Goat (Wednesday, 25 February 2015), as profit booking triggered on fading speculation of further monetary easing after a preliminary reading of China's manufacturing activity printed at a four-month high. The Shanghai Composite Index fell 0.6% to 3,228.84 at the close. China market resumed trading Wednesday after a week of lunar New Year holidays.

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