China Market closes softer on profit booking

Mainland China stock market ended lower on Wednesday, snapping four days of winning streak, with confidence over signs of renewed expansion of China's services sector tempered by a fall in services employment in the world's second-biggest economy. The benchmark Shanghai Composite Index declined 2.47 points, or 0.08%, to 3050.59. The CSI 300 Index, measuring exchanges in Shanghai and Shenzhen, declined 6.96 points, or 0.21%, to 3257.53.

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