Mainland China stock market closed down on Wednesday, 30 November 2016, as concerns over liquidity squeeze after official data showing the People's Bank of China injected a mere 15 billion yuan in November through open market operations, compared with October's 441 billion yuan. Most of SSE sectors declined, with energy and materials issues being major losers.
The blue-chip CSI300 index fell 0.73%, to 3,538. The Shanghai Composite Index lost 1% to 3,250.03 points, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, dropped 0.16% to 2,106.91. For the month, CSI300 surged 6%, its best monthly gain in eight months, while the SSEC gained 4.8%.
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