China shares fall 1.8pc to 14-month low on money supply concern

SHANGHAI: China's benchmark stock index ended at a 14-month closing low on Monday, weighed by cyclical names in thin turnover on fears of tight money supply, as a $2.7 billion IPO by Sinohydro Group is set to be launched this week.

The Shanghai Composite Index ended down 1.8 percent at 2,437.8 points after falling 0.6 percent last week. It hit an intraday low of 2,437.2 points, the lowest level since mid-July of 2010.

Copyright Reuters, 2011