China Market falls on yuan depreciation woes

Mainland China stock market finished lower for second straight session on Wednesday, 25 May 2016, as yuan depreciation fears resurfaced on the back of a stronger dollar and a possible U.S. rate hike next month. Most sectors fell, with transportation shares leading the decline. The CSI300 index of the largest listed companies in Shanghai and Shenzhen fell 0.14%, to 3,059.23, while the Shanghai Composite Index lost 0.23%, to 2,815.09 points.

Powered by Capital Market - Live News