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China Stocks fall on Anbang news

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The Mainland closed lower on Wednesday, 14 June 2017, as investors sentiment was soured by a media report alleging a probe of the head of financial conglomerate Anbang Insurance Group, plus weak May investment data that deepened worries of economic deceleration. The International Monetary Fund's forecast of a 6.7% growth for China's economy this year, slightly higher than 6.6% last year, didn't ignite the market. The Shanghai Composite Index shed 0.73% to end at 3,130.67 points.

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(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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China Stocks fall on Anbang news

Powered by Capital Market - Live News The Mainland closed lower on Wednesday, 14 June 2017, as investors sentiment was soured by a media report alleging a probe of the head of financial conglomerate Anbang Insurance Group, plus weak May investment data that deepened worries of economic deceleration. The International Monetary Fund's forecast of a 6.7% growth for China's economy this year, slightly higher than 6.6% last year, didn't ignite the market. The Shanghai Composite Index shed 0.73% to end at 3,130.67 points.

Powered by Capital Market - Live News

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

image
Business Standard
177 22

China Stocks fall on Anbang news

The Mainland closed lower on Wednesday, 14 June 2017, as investors sentiment was soured by a media report alleging a probe of the head of financial conglomerate Anbang Insurance Group, plus weak May investment data that deepened worries of economic deceleration. The International Monetary Fund's forecast of a 6.7% growth for China's economy this year, slightly higher than 6.6% last year, didn't ignite the market. The Shanghai Composite Index shed 0.73% to end at 3,130.67 points.

Powered by Capital Market - Live News

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

image
Business Standard
177 22