China Market extends loss

Mainland China stock market finished down for second straight session on Thursday, 21 April 2016, due to continued profit taking in overvalued stocks. Most industry sectors were lower, with tech, industrial, and consumer goods stocks being major losers. The benchmark Shanghai Composite Index declined 19.69 points, or 0.66%, to 2952.89. The CSI 300 Index, measuring exchanges in Shanghai and Shenzhen, fell 20.43 points, or 0.64%, to 3160.60.

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