Chinese shares Closed lower, with the Shanghai Composite Index ending down 2.7% at 3262.56. The Shenzhen Composite Index closed 2.6% lower at 1907.04 and the ChiNext Price Index dropped 3.8%.
Investors were taking a cautious approach after a private gauge of China’s manufacturing activity signaled that the sector continued to expand but at a slower pace in December.
Technology stocks led the declines, with Hygon Information Technology dropping 7.15%. Beijing Kingsoft Office Software declined 6.9% and iFlyTek ended 4.2% lower.
EMEA Tribune is not involved in this news article, it is taken from our partners and or from the News Agencies. Copyright and Credit go to the News Agencies, email news@emeatribune.com Follow our WhatsApp verified Channel
