Market review:
China benchmark stock index fell below the 3,000 level as industrial and telecom companies slumped.
Research Notes:
1.The offshore yuan headed for the biggest five-day gain on record.
2.Exports unexpectedly rebounded.
3.Margin balance fell for the 7th straight day.
4.New investor accounts have ended up the over three weeks’ descending trend.
Market may worry about some margin traders would be forced to dump shares again. Play conservative.
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