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Shanghai stocks post 3rd weekly fall on concerns over 'unicorns' listings


Friday, 8 June 2018 14:31 WIB

Indeks Shanghai Composite Bursa China


c_740_198_16777215_00_images_assets_CHINA_4China-economy.jpg

Shanghai stocks slid on Friday and posted their third straight weekly fall on concerns the listings of big-cap “unicorns” could drain liquidity from the market, and amid uncertainty over trade relations.

The blue-chip CSI300 index fell 1.3 percent, to 3,779.62 points, while the Shanghai Composite Index was lower by 1.4 percent at 3,067.15 points. For the week, CSI300 was up 0.2 percent, while SSEC was down 0.3 percent.

 Source: Reuters


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