China shares fall; technology firms dips


FE Team | Published: November 30, 2017 12:21:44 | Updated: November 30, 2017 15:12:10


File Photo (Reuters)

China shares fell on Thursday, while gaming giant Tencent slid 2.3 per cent, leading a decline in information technology firms.

The Shanghai Composite index was down 8.77 points or 0.26 per cent at 3,329.09.

China’s blue-chip CSI300 index was down 0.55 per cent, with its financial sector sub-index lower by 0.96 per cent.

The consumer staples sector down 0.28 per cent, the real estate index down 2.76 per cent and healthcare sub-index down 0.09 per cent, reports Reuters.

The smaller Shenzhen index was down 0.19 per cent and the start-up board ChiNext Composite index was higher by 0.04 per cent.

The largest percentage gainers in the main Shanghai Composite index were Zhangjiagang Freetrade Science & Technology Group Co Ltd up 10.05 per cent, followed by JiLin Sino-Microelectronics Co Ltd gaining 10.03 per cent and Lawton Development Co Ltd up by 10.02 per cent.

The largest percentage losses in the Shanghai index were LONGi Green Energy Technology Co Ltd down 5.51 per cent, followed by Jiangsu Linyang Energy Co Ltd losing 5.09 per cent and Tongwei Co Ltd down by 4.43 per cent.

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