BUSINESS Chinese shares close lower Monday

BUSINESS

Chinese shares close lower Monday

Xinhua

17:49, November 11, 2019

China Stock.jpeg

(File photo: China Daily)

BEIJING, Nov. 11 (Xinhua) -- Major Chinese stock indices ended lower Monday, with the benchmark Shanghai Composite Index down 1.83 percent, at 2,909.97 points.

The Shenzhen Component Index closed 2.17 percent lower at 9,680.57 points.

The combined turnover of stocks on the two exchanges stood at 423 billion yuan (about 60.5 billion U.S. dollars), shrinking from 449.4 billion yuan in the previous trading day.

Most stocks fell, with losers outnumbering gainers by 1,382 to 90 on the Shanghai bourse and 1,932 to 212 in Shenzhen.

Companies in the sector of wireless earphone saw robust growth in share prices, with shares of Hivi Acoustics Technology Co., Ltd. surging by the daily 10-percent limit to close at 2.18 yuan per share.

Shares in the industries of satellite communication and domestic operating system led the losses.

The ChiNext Index, China's NASDAQ-style board of growth enterprises, lost 2.23 percent to close at 1,673.13 points Monday. 

Related Stories

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue