China’s stock market closed mixed on Friday, as rises of heavyweight stocks in Shanghai offset declines in small-cap shares in Shenzhen.
At the close, the Shanghai Composite Index rose 0.08%, at 3,063.81 points, while the Shenzhen Component Index went 0.26% lower to 10,759.68 points.
The ChiNext Index, which tracks China’s NASDAQ-style board for growth enterprises, lost 0.65% to 2,194.23 points.
Total traded amounts of the Shanghai and Shenzhen bourses decreased to 163.8 billion yuan and 259.8 billion yuan, respectively.
Most sectors lost in both markets, with shares in media and electronic component industries among the biggest losers.
At the end of trading, 1,105 counters rose, 1,530 shares declined, and the remaining 306 shares closed flat.
Shanghai – Hong Kong Stock Connect
The Shanghai – Hong Kong Stock Connect today saw a net fund inflow of 1.03 billion yuan, for northbound trade.
Among the total 569 stocks eligible for the northbound trade, 212 counters rose, 305 shares declined, and the balance 52 remained unchanged.
Sinochem International Corporation and Sinochem International Corporation surged by their 10% daily maximum limit.