China's Stock Markets Close All Ahoo; ChiNext, Star Market Plunge
Xu Wei
DATE:  Nov 11 2020
/ SOURCE:  Yicai
China's Stock Markets Close All Ahoo; ChiNext, Star Market Plunge China's Stock Markets Close All Ahoo; ChiNext, Star Market Plunge

(Yicai Global) Nov. 11 -- Chinese stock markets went into lunch in a jumble. Shanghai’s mainboard rose a tad, while the ChiNext Index and Star Market fell, following the footsteps of HK Tech shares.

The Shanghai Composite Index climbed 0.09 percent to 3,363.07 at the noon break, while the Shenzhen Component Index slid 0.7 percent to 13,894.81.

The Star 50 Index, which tracks tech stocks listed on Shanghai’s Nasdaq-style Star Market, dropped 1.73 percent to 1,416.98, while the Shenzhen market’s growth enterprise ChiNext Price Index lost 2.14 percent to 2,713.96.

The Hang Seng Tech Index tumbled 5.6 percent to 7,515.54 on news yesterday that Chinese regulators have drafted antitrust guidelines to chip away at the dominance of some internet giants in their markets.

Editor: Ben Armour

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Keywords:   Stock,Closed