China Shanghai Composite softens 0.27%

The Mainland China equity market ended down for the first time in three days on Wednesday, 20 December 2017, as risk sentiment dampened by concerns about liquidity in the banking system after the Shanghai Interbank Offered Rate (SHIBOR), seen as the benchmark interbank rate, has been climbing higher o its highest level since April, 2015. At the close, the Shanghai Composite index was down 8.93 points or 0.27% at 3,287.61. The blue-chip CSI300 index was down 0.12%, while the smaller Shenzhen index ended down 0.74% and the start-up board ChiNext Composite index was weaker by 0.89%.

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