Tuesday, January 26, 2021

1st LD-Writethru: Chinese shares close lower Tuesday

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BEIJING, Dec. 22 (Xinhua) — Chinese stocks closed lower Tuesday, with the benchmark Shanghai Composite Index down 1.86 percent to 3,356.78 points. The Shenzhen Component Index closed 1.79 percent lower at 13,882.3 points. The combined turnover of stocks covered by the two indices stood at 957.6 billion yuan (about 146.42 billion U.S. dollars), expanding from 864.43 billion yuan on the previous trading day. Losers outnumbered gainers by 1,243 to 219 in the Shanghai bourse and 1,953 to 342 in Shenzhen. Stocks related to liquor, medical equipment services and textile manufacturing led the gains, while stocks in coal and oil processing and mining led the losses. The ChiNext Index, tracking China’s NASDAQ-style board of growth enterprises, lost 2.45 percent to close at 2,811.75 points.

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