Shanghai Composite falls 0.5% on liquidity woes

Mainland China share market closed down in volatile trading on Thursday, 11 December 2014, due profit booking in overbought stocks amid concern recent gains were excessive. Meanwhile, worries over market liquidity after a slew of new listings approval also weighed on stocks. The benchmark Shanghai Composite slid 0.5% to 2925.74 at the close, after gaining as much as 0.9% and falling as much as 1.6%.

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