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 Travel Trade 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 Travel Trade.
More Information
27
℃
Verizon to layoff 6,000 customer service employees
NEW YORK CITY, New York: The Verge has reported that Verizon Communications met with more than 6,000 customer service employees ...
Software glitch causes Vietnam electric vehicle recall
WASHINGTON D.C.: In response to a safety warning issued by the US National Highway Traffic Safety Administration, Vietnamese electric vehicle ...
As problems mount, electric truck maker Nikola warned of de-listing
NEW YORK CITY, New York: Electric truck manufacturer Nikola Corp said that Nasdaq has delivered a delisting notice for not ...
Target moving away from LGBTQ pride due to customer backlash
MINNEAPOLIS, Minnesota: Reuters reported that after facing a backlash from customers, Target is pulling some products from its Pride Collection ...
India's Tata chooses UK as site for new EV battery plant
LONDON, England: The BBC has reported that Jaguar Land Rover owner Tata Motors is planning to build a multi-billion pound ...
Facebook nears completion of eliminating 10,000 jobs
MENLO Park, California: As part of the last stage of a three-series round of staff layoffs, part of a plan ...
US seeks answers after six near misses at airports
WASHINGTON D.C.: Jennifer Homendy, head of the US National Transportation Safety Board, has said the US will investigate recent near ...
Nepal Airlines request bids for Airbus maintenance agreement in Sydney
KATHMANDU, Nepal - Nepal Airlines, the country's state-owned carrier, is one step closer to starting flights to Australia. Nepal Airlines' ...
Expect supply chain shortages through 2024, says Boeing
ALEXANDRIA, Virginia: Boeing Chief Executive Dave Calhoun said sector-wide supply chain problems that have hampered global jetliner production might not ...
President Murmu to visit Suriname, Serbia this week
New Delhi [India], May 29 (ANI): President Droupadi Murmu will embark on a two-nation tour, Suriname and Serbia from June ...
Russian forces will react to F-16 deliveries Lavrov
Washington and its allies in Europe have announced plans to launch training programs for Ukrainian pilotsThe Russian military has the ...
Wadia Group-owned Bombay Burmah makes provision of Rs 1,866 cr to insulate from Go First issue
New Delhi [India], May 29 (ANI): Bombay Burmah Trading Corporation has said it has made a provision of Rs 1,865.66 ...
