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China Market falls on yuan depreciation woes

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Capital Market
Mainland China stock market finished lower for second straight session on Wednesday, 25 May 2016, as yuan depreciation fears resurfaced on the back of a stronger dollar and a possible U.S. rate hike next month. Most sectors fell, with transportation shares leading the decline. The CSI300 index of the largest listed companies in Shanghai and Shenzhen fell 0.14%, to 3,059.23, while the Shanghai Composite Index lost 0.23%, to 2,815.09 points.

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First Published: May 25 2016 | 10:52 PM IST

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