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Shanghai fell another 1.9% last night as the A share index hits lows not seen since March 2009....

Shanghai fell another 1.9% last night as the A share index hits lows not seen since March 2009. Anything related to construction or real estate led the declines as Sofun holdings reports housing transactions declining in 27 out of 35 tracked cities, with some burgs seeing falloffs of more than 60%.
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