China stocks snap winning streak amid growth, yuan concerns

Mainland China share market closed lower for the first time in six consecutive sessions on Tuesday, 27 January 2015, as profit booking across the board, with financial and commodity companies being major losers. The selloff triggered amid concerns fueled by sharp fall for China's yuan and a drop in the profit growth at major Chinese industrial companies. The benchmark Shanghai Composite Index slid 0.9% to close at 3352.96, halting a five-day, 8.6% gain.

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