China shares fall over 5 pct at open as brokerages tumble on margin trading crackdown

SHANGHAI, Jan 19:   China’s key stock indices fell over 5 percent at open on Monday with financials falling sharply after the securities regulator punished top brokerages for illegal doings in their margin trading  business.
The Shanghai Composite Index fell 6.3 percent while the CSI300 index of top Chinese companies was down 6.1 percent.  (AGENCIES)