Industrial and Commercial Bank of China, China's biggest lender, was down 3.59 per cent to 4.82 yuan while the Bank of China dropped 3.91 per cent to 4.66 yuan. China Vanke, the nation's biggest publicly traded property developer, fell.7.86 per cent to 14.42 yuan. Other big caps contributed to the fall http://www.mbtshoes4australia.com/ - MBT Shoes Australia . Baoshan Iron and Steel Co, the biggest steelmaker, dropped 6.48 per cent to 8.81 yuan http://jingxingwangluo.blog.co.uk/ - cheap mbt shoes . China United Telecommunications, the country's second biggest mobile phone operator, went down 4.12 per cent to 4.65 yuan. China Petroleum & Chemical Corp., Asia's biggest refiner http://www.mbtshoes4australia.com/ - MBT Shoes , lost 6.41 per cent to 9.05 yuan. Trading was moderate on both bourses, with 8.545 billion shares changing hands in the Shanghai Stock Exchange at a volume of 65.092 billion yuan against 69 http://www.mbtuktoday.co.uk/ - MBT shoes .673 billion yuan on Thursday and 86.14 billion yuan on Wednesday. In the Shenzhen Stock Exchange, 733 million shares were traded at a turnover of 31.297 billion yuan compared with Thursday's 35.205 billion yuan and Wednesday's 42.49 billion yuan. Declining shares outnumbered advancing ones by 569 to 197 in the Shanghai Stock Exchange and by 378 to 139 in Shenzhen. Friday's slide extended a five-percent tumble on Wednesday which came after a top legislator warned about the growing stock market bubble, fueling fears that warnings may turn into concrete steps to cool down the market. On Wednesday, the Shanghai Composite Index fell 4.9 percent to 2,786.33, its biggest one-day decline since a 5.3 percent tumble on June 7, 2006. The smaller Shenzhen Composite Index slid 5.8 per cent to 655.53. The two bourses withstood the downward trend Thursday, but the previous day's dive greatly affected investor confidence. Many analysts saw the fall as a natural correction, believing the market would continue a bull run in the long term. China's stock market witnessed a dramatic rally over the past
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