China stocks fall on IPO concerns

Headline indices of the Mainland China share market declined on Wednesday, 25 June 2014, amid concerns new share sales will divert funds from existing shares. Meanwhile ongoing concerns over the health of China's economy, downbeat session on Wall Street overnight and geopolitical concerns over Iraq also dampened risk sentiment. The benchmark Shanghai Composite closed 0.41% down from prior day to 2025.50. Trading turnover decreased to 55.99 billion yuan from yesterday's 61.68 billion yuan.

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