China Shares Close Down; Hydrogen, Fuel Cells Lead the Decline
Zhang Yushuo
/SOURCE : yicai

(Yicai Global) April 23 — China's stock markets closed lower, with hydrogen and fuel cell sectors among the biggest losers.

The Shanghai Composite Index dipped 0.51 percent to 3,198.59, and the Shenzhen Component Index dropped 0.97 percent, while the ChiNext declined 0.81 percent on turnover of CNY730 billion (USD108.7 billion).

Chicken and pork led the risers, with brokerages, free-trade zone and liquor stocks among the second-best performers. Famous distiller Kweichow Moutai [SHA:600519] hit an intraday record high of CNY981.22 (USD147.18) and closed at CNY974.95. 

Hydrogen energy, Marine equipment, fuel cells and graphene sectors plunged, with nine fuel cell stocks falling to the floor.

Editor: Ben Armour

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Keywords: Stock Market , hydrogen , Fuel Cell Power