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China Shares Fall As Investors Brace For More IPOs

Stock quotes in this article: RIO  

SHANGHAI (AP) — Chinese shares fell Friday as a possible resumption of initial public offerings approaches, a move that might depress prices by flooding the market with new shares.

The benchmark Shanghai Composite Index dropped 13.35 points, or 0.5 percent, to close at 2,753.89. For the week, it rose 4.6 percent.

The Shenzhen Composite Index for the country's smaller, second exchange shed 0.4 percent to 917.21. ...

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