China Stocks Close Down Despite Tesla-Related Share Surge
Zhang Yushuo
DATE:  Jun 11 2020
/ SOURCE:  Yicai

(Yicai Global) June 11 -- China’s mainland stock markets closed mixed as Tesla-related firms surged as the US electric carmaker’s market capitalization topped the global automotive industry pile.

The Shanghai Composite Index slipped 0.78 percent to 2,920.90. The Shenzhen Component Index fell 0.81 percent to 11243.62. The ChiNext, which tracks growth enterprises listed in Shenzhen, dipped 0.29 percent to 2,195.64.

The online gaming and auto sectors wore the white hats today, while the agriculture and liquor sectors were the villains of the piece.

Editor: Ben Armour

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Keywords:   Tesla,China stock market