China Market falls for first time in three days on Tuesday

Mainland China stock market finished lower on Tuesday, 24 May 2016, as investors elected to withdraw profit off the table following gains on previous two sessions, with shares of commodity producers leading losses amid speculation raw-material prices will extend declines as a faltering economic rebound curbs demand. investor appetite was suppressed by confusion about how Beijing plans to guide the country's slowing economy and manage financial markets, as well as concerns that new loan growth and housing sales could be weaker in May. The CSI300 index of the largest listed companies in Shanghai and Shenzhen fell 0.8%, to 3,063.56, while the Shanghai Composite Index lost 0.8%, to 2,821.67 points.

Powered by Capital Market - Live News