Chinese Stocks Close Lower as Turnover Tops CNY1.5 Trillion for Eight Straight Days (Yicai Global) July 15 -- China’s mainland stock markets ended the day lower on a busy day today as the daily trading volume exceeded CNY1.5 trillion (USD214.4 billion) for the eighth consecutive day. The fields of chips, fifth-generation wireless networks, and photoresists lost the most.
The Shanghai Composite Index closed 1.56 percent down at 3,361.30, with a turnover of CNY674.7 billion (USD96.3 billion). The Shenzhen Component Index fell 1.87 percent to 13,734.13 with a trading volume of CNY896.8 billion. The ChiNext, which tracks growth enterprises listed in Shenzhen, slid 1.60 percent to 2,813.06 with CNY302.2 billion worth of shares exchanging hands.
Liquor distillers and pharmaceuticals were some of the few sectors that managed to avert today's declines.
Editor: Emmi Laine
