China Stocks fall on liquidity woes

The Mainland China equity market closed down on Tuesday, 19 September 2017, as caution prevailed over potentially tight liquidity before the National Day holiday. Most sectors lost ground, led by healthcare, material, automobile, electronic components, and infrastructure firms, but real estate companies continued to outperform with a 1.7% gain, tracking the strength in Hong Kong for domestic developers. The blue-chip CSI300 index fell 0.3%, to 3,832.12 points, while the Shanghai Composite Index shed 0.2% to 3,356.84 points. The Shenzhen Composite declined 0.4% at 1,995.60 and the Nasdaq-style ChiNext slipped 0.8% to 1,880.30.

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