China’s stock market closed mixed on Thursday, as investors wondered whether a much-anticipated stock connect could be announced on July 1, the 19th anniversary of Hong Kong’s return to China.
By the close, the Shanghai Composite Index edged down 0.07%, at 2,929.61 points, while the Shenzhen Component Index was 0.02 higher to 10,489.99 points.
The ChiNext Index, which tracks China’s NASDAQ-style board for growth enterprises, rose 0.81% to 2,227.79 points.
Total traded amount of the Shanghai and Shenzhen bourses decreased to 187.5 billion yuan and 387.7 billion yuan, respectively.
Most sectors climbed in both markets, with shares in media, and food and beverage industries among the biggest gainers.
At the end of trading, 1,182 counters rose, 1,308 declined and the balance 378 remained unchanged.
The northbound trading of the Shanghai – Hong Kong Stock Connect was suspended today due to the anniversary.