China market tanks on margin tightening, IPO woes

Mainland China share market finished the session sharply lower on Monday, 15 June 2015, as risk aversion selloff triggered after Beijing's latest ruling on margin financing and as lack of progress on a Greek debt deal. Also, sentiment was cautious ahead of fresh wave of IPOs this week. The benchmark Shanghai Composite Index tanked 103.36 points, or 2%, to 5062.99.

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