Mainland China share market closed sharply down on Monday, 22 September 2014, snapping three sessions of rising streak, amid profit booking across the board. The decline triggered after media report that China is about to cut its official 7.5% growth economic growth target for 2014 and on caution ahead of HSBC's China manufacturing purchasing manufacturers' index on Tuesday, a closely watched as an indicator of demand. The benchmark Shanghai Composite index declined 39.59 points, or 1.7%, to finish at 2289.87. The CSI 300 index lost 50.29 points, or 1.91%, to 2378.92.
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