China stocks end down 0.1 pct after mixed data
SHANGHAI, Nov 11 (Reuters) - China's key stock index edged down 0.1 percent on Wednesday, snapping an eight-session rally after data for October confirmed a brisk economic recovery but weaker-than-expected new lending fuelled worries about market liquidity.
The Shanghai Composite Index .SSEC ended at 3,175.192 points after setting a three-month closing high on Tuesday.
Gaining Shanghai A shares outnumbered losers by 501 to 380, however, while turnover slipped to 144 billion yuan ($21.1 billion) from Tuesday's 163 billion yuan.
Wednesday's busy schedule of economic data releases showed that China's export decline slowed in October, power generation growth hit its fastest in 19 months, and industrial output growth jumped to a 19-month high for the year to October, underlining the economy's brisk recovery. [ID:nPEK212006]
But Chinese banks extended only 253.0 billion yuan in new local-currency loans in October, lower than expected and down sharply from 516.7 billion yuan in September. ($1=6.826 Yuan) (Reporting by Claire Zhang and Edmund Klamann)
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