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China Stocks break 4-day winning streak, regulatory concerns linger

Capital Market 

The Mainland closed higher down for the first time in five straight sessions on Wednesday, 17 May 2017, as investors opted to book gain off the table amid lingering concerns over tighter regulation and economic growth despite recent soothing regulatory comments.

Most sectors lost ground, led by defensive consumer and healthcare stocks, as investors took profits from the recent rally. The blue-chip CSI300 index fell 0.5%, to 3,409.97 points, while the Shanghai Composite Index lost 0.3% to 3,104.44 points.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, May 17 2017. 17:48 IST