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China stocks fall after weak factory data

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Capital Market
Headline equities of the Mainland China market ended down on Monday, 02 November 2015, as signs of deterioration in China's economy after worse than expected as manufacturing data keeping market participants away from riskier assets. Risk sentiments dented further after authorities detained a top-performing hedge-fund manager in widening probes into market manipulation and insider trading. The Shanghai Composite Index dropped 1.7%, or 57.48 points, to close at 3325.08 points. The Shenzhen Composite Index, which tracks stocks on China's second exchange, declined 1.33%, or 26.89 points, to close at 1987.97. The ChiNext Index, which tracks China's NASDAQ-style board of growth enterprises, was down 1.87%, or 46.24 points, to close at 2432.048.

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First Published: Nov 02 2015 | 5:39 PM IST

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