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Chinese Shares Down 2% on Profit-taking

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Chinese equities ended its seven days' straight rise on Wednesday as investors took profits.

The Shanghai index fell 46.87 points, or 2 percent to 2,291.55.The Shenzhen Component Index dropped 198.59 points, or 2.22 percent to 8,756.25.

Combined turnover shrank to 200.78 billion yuan (US$29.4 billion) from 228.29 billion yuan on the previous trading day.

(Xinhua News Agency March 25, 2009)