Thursday August 6, 08:21 AM
China stocks slip 2.1 pct on liquidity worries
SHANGHAI, Aug 6 (Reuters) - Chinese stocks fell 2.11 percent on Thursday, led by large cap shares on worries about adjustments to monetary policy that might impact market liquidity, but property shares rebounded to lift the index off the lows.
The Shanghai Composite Index closed at 3,356.330 points. The market fell for a second day after a four-day rally stalled near the psychologically key mark of 3,500 points.
China's central bank said late on Wednesday in its monetary policy report for the second quarter that it would deploy a variety of tools to tweak monetary policy.
Losing Shanghai A shares outnumbered gainers by 714 to 217, while turnover for Shanghai A shares dropped to 216.3 billion yuan ($31.7 billion) from Wednesday's 240.3 billion yuan.
($1=6.83 Yuan)
(Reporting by Claire Zhang and Edmund Klamann)
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