At closing bell, the benchmark Shanghai Composite Index fell 0.23%, or 7.82 points, to 3,465.11. The Shenzhen Composite Index, which tracks stocks on China's second exchange, added 0.48%, or 10.97 points, to 2,288.19. The blue-chip CSI300 index sank 0.19%, or 9.51 points, to 5,089.24.
A bipartisan U.S. congressional push to counteract China picked up steam on Wednesday as a Senate committee overwhelmingly backed a bill pressing Beijing on human rights and economic competition and other lawmakers introduced a measure seeking billions for technology research.
CURRENCY NEWS: China yuan was up against the dollar on Thursday, inline with firmer mid-point fixing by central bank. Prior to market opening, the People's Bank of China (PBOC) set the midpoint rate CNY=PBOC at a near one-month high of 6.4902 per dollar, 0.22% firmer than the previous fix of 6.5046. In the spot market, onshore yuan was last quoted at 6.4875, firmer by 0.04% from the previous late session close of 6.903.
COMMODITY NEWS: Crude oil prices slipped for a third day on concerns that surging COVID-19 cases in India will drive down fuel demand in the world's third-biggest oil importer, while a surprise build in U.S. stockpiles added to the negative tone. U.S. crude fell 29 cents on Thursday to $61.06 per barrel and Brent was down 29 cents to $65.03.
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