China Stocks edge lower on weak trade data

Mainland China stock market ended slight lower on Thursday, 08 December 2016, as investors grappled with mixed data showing better-than-expected November trade numbers but a sharp fall in foreign-exchange reserves. Sectors were mixed, with banks and raw materials gained, while properties and infrastructures dropped. The Shanghai Composite Index dropped 0.21%, to 3,215.37, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, declined 0.52% to 2,077.37. The ChiNext Index, which tracks China's NASDAQ-style board of growth enterprises, fell 1% to close at 2,114.71 points.

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