Live | China Markets Live - Shanghai and Shenzhen shares finish minimally higher, Hong Kong ends weaker
The intense volatility of recent weeks has every chance of remaining the core underlying theme of activity. Investors are increasingly focused the broader question of how this episode might affect the wider economy.
Welcome to the SCMP's live markets blog. The intense volatility of recent weeks has every chance of remaining the core underlying theme of activity. Investors are increasingly focused the broader question of how this episode might affect the wider economy as many suspect the equity bubble has yet to fully deflate. We'll bring you the key levels, trading statements, price action and other developments as they happen.
Here’s a summary of market action Friday and yesterday, with analyst views:
- Shanghai adds 2.34 points to end up 0.073 per cent
- Shenzhen gains 10.98 points to finish 0.62 per cent higher
- Hong Kong declines late to settle 58.13 points lower
- Market looks toward meeting a week from now by US Federal Reserve to see if they will decide on raising interest rates for first time in a decade
4:06pm: Hang Seng Index slipped 0.27 per cent or 58.13 points to close at 21,504.37 points. The H-share index lost 0.63 per cent, 61.88 points, to 9,718.28 points. Total main board market turnover was HK$87.14 billion.
3:05pm: Hang Seng Index rose to 21,697.34, up 0.63 per cent, or 134.84 points, while its H-share index tracking mainland Chinese enterprises edged up 0.52 per cent, or 51.07 points, to 9,831.23.
3:04pm: The Shanghai Composite Index finished 0.073 per cent firmer, up 2.34 points, at 3,200.23. The CSI 300 Index slid 0.309 per cent, 10.37 points, to 3,347.19.
3:03pm: The Shenzhen Composite Index gained 0.62 per cent, 10.98 points for the day, to end at 1,781.35. The ChiNext Index rose 1.05 per cent, 21.39 points, to 2,060.50.
