Stocks falter
China’s main equity indexes faltered yesterday, with telecom operators suffering the biggest declines. The benchmark Shanghai Composite Index closed down 0.43 percent to 2,941.62 points and the smaller Shenzhen Component Index sank by 0.77 percent to 9,567.75 points. The blue-chip CSI300 index shed 0.64 percent to 3,871.08 points. Turnover on the two major bourses totaled 368 billion yuan (US$51.91 billion).
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