Shanghai stocks end week lower
Print Edition
SHANGHAI stocks fell yesterday, driven by the decline of brokerage, insurance and coal shares.
The Shanghai Composite Index shed 0.94 percent to close at 3,110.15 points. The gauge lost 0.4 percent for the week.
Brokerage and insurance shares fell due to the signs of tougher regulations. The China Insurance Regulatory Commission plans to strengthen the supervision of online insurance products to control the risk of such deals.
Market sentiment was dampened by news the insurance regulator was making it much harder for insurers to get new licences, in the latest move to rein in some insurers’ aggressive stock investments that have raised concerns.
The decline was also fueled by coal-related companies as coal prices dropped.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
