Chinese stocks decline after corporate earnings fall

Updated: 2012-04-27 16:25

(Xinhua)

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BEIJING - Chinese shares fell on Friday as the market was overshadowed by declining earnings at major industrial companies.

The benchmark Shanghai Composite Index dropped 8.38 points, or 0.35 percent, to 2,396.32. The Shenzhen Component Index edged down 0.21 percent, or 21.26 points, to close at 10,180.39.