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China Stocks Snap 3-Day Winning Streak Amid Biggest Govt Shake-Up in Years


Tuesday, 13 March 2018 14:47 WIB

SahamChina Indeks CSI


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China stocks broke a three-day winning streak and ended lower on Tuesday, weighed down by healthcare and consumer stocks, as investors pondered over the impact of a government reshuffle.

At the close, the Shanghai Composite index was down 0.5 percent at 3,310.24, while the blue-chip CSI300 index was down 0.9 percent at 4,091.25.

China is merging its banking and insurance regulators and giving new powers to policymaking bodies such as the central bank in the biggest government shake-up in years.

Source : Reuters


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