The Mainland China equity market closed down on Monday, 05 June 2017, as a cooling pace of initial public offerings failed to offset large losses in financial and healthcare stocks. Also, investors opted to stay sideline ahead of Chinese economic data for May 2017 to assess the health of the world's second-largest economy. Market reaction was largely muted to China's services sector expanding at the fastest pace in four months in May. Main sectors fell across the board, led by financial and healthcare shares. The Shanghai Composite Index lost 0.45% to 3,091.66 while the CSI 300 lost 0.51% to 3,468.75. The Shenzhen Composite Index rose 0.69% to 1,800.93 while the Nasdaq style ChiNext was up 0.88% to 1,761.25.
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