China Stocks fall on slowdown woes

The Mainland China equity market closed lower on Friday, 16 June 2017, as investors sentiment was soured by renewed concerns about slowdown in the world's second-biggest economy after weak producer inflation and investment data. The Shanghai Composite Index fell 0.3%, or 9.32 points, to 3,123.17 while the CSI 300 which tracks the large caps listed in Shanghai and Shenzhen dropped 0.3%, or 10.03 points, to 3,518.76. The Shenzhen Composite Index lost 0.2%, or 3.66 points, to 1,866.05 while the Nasdaq style ChiNext shed 0.3%, or 6.21 points, to 1810.05. For the week, CSI300 dropped 1.6%, while Shanghai Composite Index contracted 1.1%.

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