Markets
Chinese shares slide on overnight US market losses
(Xinhua)
Updated: 2010-01-22 16:39
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Chinese shares slid on Friday, dragged down by the overnight losses in the US market sparked by President Barack Obama's proposal of tough new restrictions on banks.
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The Shenzhen Component Index slid 2.49 percent, or 321.22 points, to close at 12,595.94 points.
Combined turnover totaled 258.9 billion yuan ($37.9 billion), up from 225.6 billion yuan on the previous trading day.
Losers outnumbered gainers by 722 to 162 in Shanghai and 760 to 95 in Shenzhen.
