China stocks fall on inflation data

Headline shares of the Mainland China market declined on Wednesday, 09 July 2014, with technology and health-care companies leading retreat amid lingering concern the slowing economy will hurt earnings growth and disappoint investors. Meanwhile, disappointing Chinese inflation data intensified selloff pressure in the local bourse. The benchmark Shanghai Composite was down 1.23% to 2038.61. Trading turnover increased to 97.18 billion yuan from yesterday's 81.49 billion yuan.
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First Published: Jul 09 2014 | 5:25 PM IST
