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China stocks end down as consumer firms weigh


Wednesday, 28 March 2018 14:56 WIB

chinaIndeks Shanghai Composite


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China stocks fell on Wednesday, tracking losses on Wall Street where tech firms were hit hard on concerns over tighter government scrutiny on the industry.

At the close, the Shanghai Composite index was down 1.4 percent at 3,122.29, while the blue-chip CSI300 index close down 1.8 percent at 3,842.72. The smaller Shenzhen index ended down 0.95 percent and the start-up board ChiNext Composite index was weaker by 0.52 percent. Losses was led by a 4.7 percent slump in consumer sector , its worst day in more than two years, with bellwether Kweichow Moutai ending down 4.6 percent after posting full-year results.

Source: Reuters


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