China's equity depreciates on IPO and trade data concerns

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Source: Bloomberg
The Shanghai Composite Index was lower by 1% to 2,324.29 points at the closing of Asian trading session on Wednesday. The major China's benchmark extended weekly loss to 1.5% due to concerns that domestic regulators will again allow IPOs from upcoming June and tomorrow's trade data will be weak as inflation increased to 3% in February.
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Fri, 08 Mar 2013 06:21:05 GMT

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