Chinese shares close lower Wednesday
Xinhua
24 May 2023, 19:18 GMT+10
BEIJING, May 24 (Xinhua) -- Chinese stocks closed lower on Wednesday, with the benchmark Shanghai Composite Index down 1.28 percent to 3,204.75 points.
The Shenzhen Component Index closed 0.84 percent lower at 10,920.33 points.
The combined turnover of stocks covered by the two indices stood at 800.4 billion yuan (about 113.44 billion U.S. dollars), expanding from 763.4 billion yuan on the previous trading day.
Stocks in the sectors of plastic product and electrical appliance led the gains, while those related to airport and aviation and property development suffered the biggest losses.
The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, lost 0.36 percent to close at 2,245.26 points Wednesday.
Subscribe and Follow
Get a daily dose of Long Beach Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
News RELEASES
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Long Beach Star.
More Information
65
℉
New weapons pledge to Ukraine faces huge delays Bloomberg
Washington on Friday committed to supplying Kiev with more military aid, including artillery munitions and laser-guided rocketsFresh Pentagon plans to ...
'Unabomber' Theodore 'Ted' Kaczynski Has Died in Prison
WASHINGTON - Theodore "Ted' Kaczynski, known as the Unabomber, has died in federal prison, a spokesperson for the Bureau of ...
Aces looking to bounce back against visiting Sky
The Las Vegas Aces will look to bounce back from their first loss of the season when they host the ...
Reds reinstate OF TJ Friedl, place OF Jake Fraley on IL
The Cincinnati Reds reinstated TJ Friedl on Saturday, with fellow outfielder Jake Fraley taking his place on the 10-day injured ...
Iga Swiatek jolts Karolina Muchova, defends French Open title
Top-seeded Iga Swiatek successfully defended her French Open title on Saturday by posting a 6-2, 5-7, 6-4 victory over unseeded ...
China's C919 aircraft holds certain advantages over rivals, says expert
© Provided by Xinhua With China accounting for approximately one-fifth of global air traffic and boasting a growth rate of ...
In first, tax funding to be used by Oklahoma Catholic school
OKLAHOMA CITY, Oklahoma: An Oklahoma school board has approved the application of the Catholic Church to establish the first religious ...
Elon Musk hosts video interview of Democratic candidate RFK Jr.
NEW YORK CITY, New York: In his second Twitter Spaces event for a 2024 White House candidate, Elon Musk hosted ...
Amtrak nearly at pre-COVID-19 ridership levels, says official
WASHINGTON D.C.: Amtrak CEO Stephen Gardner said this week that despite projected losses of $800 million for the current budget ...
US to pay $570 million to eliminate dangerous rail sites
WASHINGTON D.C.: The Biden administration has announced that it is providing grants worth $570 million to eliminate many dangerous railroad ...
No confirmation, as reports say King Charles going to France in fall
PARIS, France: According to a report by BFM TV, Britain's King Charles is considering a visit to France in September, ...
US to get tough as drone disrupts Pittsburgh airport
WASHINGTON D.C.: The Federal Aviation Administration has said that a drone sighting disrupted some flights at Pittsburgh International Airport this ...
