China’s Stock Markets Close Down as Pharma, Military Sectors Lose Ground
Zhang Yushuo
DATE:  Sep 28 2020
/ SOURCE:  Yicai
China’s Stock Markets Close Down as Pharma, Military Sectors Lose Ground China’s Stock Markets Close Down as Pharma, Military Sectors Lose Ground

(Yicai Global) Sept. 28 -- China's mainland stock markets lost their earlier gains today and closed marginally lower, led by falls in the pharmaceutical and military sectors.

The Shanghai Composite Index dipped 0.06 percent to end the day at 3,217.53. The Shenzhen Component Index fell 0.42 percent to 12,760.93, while the ChiNext, which tracks growth enterprises listed in Shenzhen, dropped 0.75 percent to 2,521.25.

CNY500 billion (USD73 billion) changed hands on the two main bourses. Around CNY1 billion was withdrawn via the Shanghai-Hong Kong and Shenzhen-Hong Kong stock connect programs.

Airports and tourism were the biggest winners. Coal miners, property developers and distillers also did well.

Editor: Kim Taylor

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Keywords:   China stock market,Shanghai Composite Index,ChiNext