China stocks fall 5.4 pct on brokerage probes

Nov 27, 2015 (LBO) - China equities closed down 5.4 percent on Friday on the back of investigations by China's securities regulatory body into brokerages for breaking regulations.
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The Shanghai Composite closed 5.48 percent lower. Chinese brokerages plunged with Citic Securities, Founder Securities, and China Merchants closing 10.
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1, 10, and 9.98 percent lower on news of investigations into their operations.
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The Nikkei 225 fell 0.3 percent, Hang Seng 1.87 percent while Bombay's BSE Sensex was up 0.
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65 percent.
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