Shares dip after week opened up
China stocks retreated slightly from Tuesday’s rally, but rich communication services continued to perform strongly.
The benchmark Shanghai Composite Index dipped 0.19 percent to 2,815.37 points, while the smaller Shenzhen Component Index edged down 0.41 percent to 10,386.55 points.
The mainland markets saw a net outflow of 3.45 billion yuan via the Stock Connect schemes linking Shanghai and Shenzhen with Hong Kong.
The agriculture, forestry, animal husbandry and fishery sector, the biggest gainer in the previous session, led the fall yesterday, with Jiangsu Lihua Animal Husbandry Co and Baiyang Investment Group both losing over 8 percent. Food and beverage shares also retreated.
Stocks related to RCS, however, maintained their strong performance, with Beijing Ultrapower Software Co, ZJBC Information Technology Co and Richinfo Technology Co all soaring by the maximum 10 percent. Shares related to online tourism also jumped in general.
On the STAR Market, 51 of the 94 listed firms rose, one remained flat and the others declined. The biggest gainer, Beijing Worldia Diamond Tools Co, ended 8.03 percent higher, while Beijing Kingsoft Office Software lost the most, by 5.04 percent.
- About Us
- |
- Terms of Use
- |
- RSS
- |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证:沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证:31120180004
- |
- 网络视听许可证:0909346
- |
- 广播电视节目制作许可证:沪字第354号
- |
- 增值电信业务经营许可证:沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.