China stocks fall on profit booking

Mainland China share market closed softer after fluctuating in and out of the boundary line on Wednesday, 03 June 2015, as profit booking triggered due to dozen initial public offerings and Credit Suisse warning that China market has outstripped its fundamentals and is 23% overbought. The Shanghai Composite Index declined 0.55 point, or 0.01%, to end at 4909.98. The measure jumped 6.5% this week through Tuesday, extending this year's advance to 52%.

Powered by Capital Market - Live News