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China Stocks snap two-day winning streak

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Capital Market
The Mainland China equity market ended down for the first time in three consecutive session on Wednesday, 22 March 2017, due to worries over tightening liquidity in the domestic banking system, and uncertainty over whether US President Donald Trump will be able to get his economic policies approved in a timely fashion. Main sectors fell across the board, led by banks and property stocks. The blue-chip CSI300 index fell 0.5%, to 3,450.05 points, while the Shanghai Composite Index lost 0.5% to 3,245.22 points. The Shenzhen Composite Index lost 6.05 points or 0.30% to end at 2,037.89.

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First Published: Mar 22 2017 | 5:48 PM IST

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