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Chinese shares plunge Tuesday led by heavyweights

(Xinhua)
Updated: 2009-11-24 16:17

Chinese equities plunged Tuesday led by declining heavy weights and banking stocks, paring earlier gains in the previous trading week.

The benchmark Shanghai Composite Index was down 3.45 percent, or 115.14 points, to close at 3,223.53 points.

Related readings:  Chinese shares close higher Monday  Chinese shares dip, ending five straight rises  Chinese shares rise for fifth straight day

The Shenzhen Component Index declined 2.9 percent, or 401.38 points, to close at 13,453.28 points.

Combined turnover jumped to 468.94 billion yuan ($68.67 billion) from 327.91 billion yuan on the previous trading day.

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