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China shares lower in early trade on economic worries.
(From AFX Europe (Focus))
SHANGHAI (XFN-ASIA) - China shares were lower in cautious early trade with resource stocks under pressure amid persistent worries about the deteriorating economy, dealers said.
Banks were also lower amid fears that an economic downturn will increase their problems with non-performing loans.
At 9:52 am, the benchmark Shanghai Composite Index was down 21.54 points or 1.15 pct at 1,849.61.
Angang Steel (SZA 000898; HK 0347) fell 0.39 yuan or 5.33 pct to 6.93.
Industrial and Commercial Bank of China (SHA 601398, HK 1398), the county's largest ...
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