China market falls 0.47% on profit booking

Mainland China share market declined on Thursday, 29 May 2014, hurt by profit-taking in recent high-performers, with shares of securities brokers leading losses. The market losses, were however, limited after Premier Li Keqiang said China's economy is generally stable and positive changes have appeared in structural adjustment. Li also said there were still uncertainties and unstable factors in the global recovery. The benchmark Shanghai Composite declined 0.47% to finish at 2040.60, on turnover of 69.47 billion yuan.

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