On Dec. 15, the three main indexes of China’s A shares, namely Shanghai Index, Shenzhen Component Index, and ChiNext Index, fell for the second day.
Over 2,000 equities on the Shanghai and Shenzhen stock exchanges plummeted on the same day.
Aboluo Wang reported that the Shanghai Stock Exchange Index began steady, it gained 6 points at the highest and closed with a 0.38% decrease. Shenzhen Component Index showed early positive signs with a 50 points increase but then 110 points in the end. ChiNext Index was down by 40 points.
The decrease in alcohol stocks was the most pronounced in the Shanghai and Shenzhen markets. Medical equipment, food, furniture, and nonferrous metals all saw a 1% drop in price. Stocks in the chemical and home appliance industries dipped minimally.
Electricity stocks increased by more than 3%, while coal and cement shares increased by more than 1%.
According to Wind, 2090 equities in the two cities rose in value, 2364 stocks decreased, and 186 stocks remained steady.
The total turnover of the Shanghai and Shenzhen stock exchanges was 1,136 billion yuan, down 5.1 billion yuan from the previous trading day’s 1,141.1 billion yuan, and trading exceeded 1 trillion yuan for the 39th day in a row.