Tech Board Drags China's Mainland Stock Markets Down Into Lunchtime
Dou Shicong
DATE:  Nov 17 2020
/ SOURCE:  Yicai
Tech Board Drags China's Mainland Stock Markets Down Into Lunchtime Tech Board Drags China's Mainland Stock Markets Down Into Lunchtime

(Yicai Global) Nov. 17 -- Tech firms in China's mainland stock markets crashed in the morning session, while traditional sectors, among them transport, auto and property, cut against the market grain.

The Shanghai Composite Index closed 0.2 percent lower at 3,340.32 at the half break. The Shenzhen Component Index settled at 13,692.63, down 1.14 percent and the ChiNext Price Index, which tracks growth enterprises listed in Shenzhen, dived 2.55 percent to 2,643.14.

Semiconductors took the worst drubbing. Jiangsu Jiejie Microelectronic [SHE:300623] plunged 9.81 percent to CNY47.08 (USD7.15), while Hubei-based Tech Semiconductors [SHE:300046] plummeted 8.4 percent to CNY28.13.

Editor: Ben Armour

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