Chinese Stocks Close Lower Ahead of Expected Stimulus From NPC Meeting

Chinese Stocks Close Lower Ahead of Expected Stimulus From NPC Meeting

Chinese shares closed lower ahead of announcement of stimulus expected later today following the NPC meeting.

The benchmark Shanghai Composite Index fell 0.5% to 3452.30, the Shenzhen Composite Index dropped 0.3% and the ChiNext Price Index declined 1.2%.

Property stocks and brokerages led losses. CSC Financial and China Vanke fell 4.9% and 3.8%, respectively. Hongta Securities dropped 3.5%.

Source link

Visited 1 times, 1 visit(s) today

Leave a Reply

Your email address will not be published. Required fields are marked *