Chinese Stocks End Mixed; Lenders, Property Sector Decline -- Market Talk
Chinese Stocks End Mixed; Lenders, Property Sector Decline -- Market Talk
0724 GMT - Chinese stocks finished the session mixed, dragged by lenders, power producers and property developers. Huaneng Power International retreated 5.9% and China Three Gorges Renewables was 3.0% lower, while China Merchants Bank shed 3.5% and Industrial Bank fell 5.0%. Developers continued on a downtrend amid weak sentiment. China Vanke dropped 3.0% and Seazen Holdings lost 3.7%. China Tourism Group declined 7.8% after slumping 10% on Monday following 3Q results. Among gainers, shipbuilder China CSSC surged 10% and China Shipbuilding Industry advanced 7.3%. The Shanghai Composite Index fell 1.1% to 3505.63, the Shenzhen Composite Index slipped 0.8% and the ChiNext Price Index was 0.2% higher. (clarence.leong@wsj.com)
0724GMT-受贷款机构、电力生产商和房地产开发商的拖累，中国股市收盘涨跌互现。华能国际电力股份下跌5.9%，中国三峡可再生能源下跌3.0%，招商银行下跌3.5%，兴业银行下跌5.0%。在市场人气疲软的情况下，开发商继续走低。万科企业下跌了3.0%，Seazen Holdings下跌了3.7%。中国旅游集团(China Travel Group)继周一公布第三季度财报后暴跌10%后，股价下跌7.8%。在涨幅中，造船企业中国船舶工业股份有限公司(China CSSC)上涨10%，中国船舶工业(China ShipBuilding Industry)上涨7.3%。上证综指下跌1.1%，收于3505.63点，深证综指下跌0.8%，创业板价格指数上涨0.2%。(clarence.leong@wsj.com)