China stocks down on IPO woes

Mainland China share market declined on Thursday, 19 June 2014, extending falling streak for third consecutive day, amid concerns new share sales will divert funds from existing shares. The benchmark Shanghai Composite closed 1.55% down from prior day to 2023.73. Trading turnover increased to 74.63 billion yuan from yesterday's 70.47 billion yuan.
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First Published: Jun 19 2014 | 4:23 PM IST
