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SHANGHAI, China (AP) - Investors looking for reassurance after last week's jolt to global markets didn't find it in China on Monday.
China's benchmark Shanghai Composite Index fell 1.6 percent on Monday as traders sold off holdings in foreign-currency denominated "B shares" after officials denied rumors those stocks might be merged with the mainstream Chinese-currency "A shares."
The main Shanghai Composite Index closed at 2,783.31. The smaller Shenzhen Composite Index fell 0.7 percent to 725.82.
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