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KM Financial Solutions | China stocks mark 4-yr closing low as Sinopec suspensions spook market
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China stocks mark 4-yr closing low as Sinopec suspensions spook market

26 Dec China stocks mark 4-yr closing low as Sinopec suspensions spook market

Posted at 07:54h in News by
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Chinese shares marked their
lowest close in four years on Thursday, dragged down by Sinopec
which fell after Reuters reported that the
state-owned oil giant had suspended two top executives at its
trading arm.
** The Shanghai Composite index fell 0.6 percent to
2,483.09 points, while the blue-chip CSI300 index was down 0.4
percent.
** The Shanghai stock index marked its lowest close since
November 2014. The index now sits below both its 50-day moving
average and its

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