Monday, 11 June 2018 14:44 WIB |
MARKET UPDATE |The Shanghai Composite IndexSaham Cina Shanghai composite
Shanghai stocks closed lower for a third straight session on Monday, on investor concerns over the liquidity conditions in the market.
The Shanghai Composite Index touched its lowest level since last May before closing down 0.5 percent at 3,052.78 points, while the blue-chip CSI300 index was unchanged at 3,779.98 points.
China issued final rules on CDRs on Wednesday, allowing overseas-domiciled Chinese technology firms to file a domestic listing application immediately.
The largest percentage gainers on the main Shanghai Composite index were Hubei Zhenhua Chemical Co Ltd up 10.03 percent, followed by Zhejiang Meilun Elevator Co Ltd gaining 10.03 percent and Tanyuan Technology Co Ltd up by 10.02 percent
The largest percentage losers on the Shanghai index were Henan Yinge Industrial Investment Co Ltd down 9.96 percent, followed by Gem-Year Industrial Co Ltd losing 9.76 percent and Tongwei Co Ltd down by 9.53 percent.