China Stocks Extend Losses at Close
Dou Shicong
DATE:  Jan 26 2021
/ SOURCE:  Yicai
China Stocks Extend Losses at Close China Stocks Extend Losses at Close

(Yicai Global) Jan. 26 -- China's mainland stock markets fell further in the afternoon as trading volume topped CNY1 trillion (USD154.6 billion) for the fourth trading day in a row.

The Shanghai Composite Index closed 1.51 percent lower at 3,569.43. The Shenzhen Component Index ended at 15,352.42, down 2.28 percent, and the ChiNext Price Index, which tracks growth enterprises listed in Shenzhen, dropped 2.89 percent to 3,258.36.

Shares in the defense, medical and securities sectors were among the biggest losers, including Shanghai-based Bestway Marine & Energy Technology [SHE:300008], which dived 14.67 percent to CNY5.12 (79 US cents), Shenyang Xingqi Pharmaceutical [SHE:300573], which fell 13.89 percent to CNY102.5 (USD15.80), and East Money Information [SHE:300059], a Shanghai-based online broker that dropped 7.43 percent to CNY36.62.

The agriculture sector went against the market grain, notching growth for two straight days, led by Jiangsu Lihua Animal Husbandry [SHE:300761], which rose 12.47 percent to CNY36.80.

Editor: Ben Armour

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Keywords:   Shanghai Composite Index,Shenzhen Component Index,ChiNext Price Index