Business · Markets · 1 hr ago

Chinese stocks fall as more than 4,300 shares decline

Chinese stocks fall as more than 4,300 shares decline

China’s three main stock indexes all fell on the 12th.

The Shanghai Composite dropped 0.43%, the Shenzhen Component fell 2.03%, and the ChiNext index lost 2.61%.

More than 4,300 shares declined, and trading totaled 1.55 trillion yuan.

Communications equipment, optical communications, printed circuit boards and semiconductor stocks were among the areas that fell.

Banks, media companies, liquor makers and power equipment companies rose against the overall decline.

The broad drop shows that losses were widespread across the market, even as some sectors gained.

The figures provided do not say what drove the falls or what investors expect next.

Sources

Related news