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China Stocks fall on stimulus worries

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Capital Market
Mainland China stock market finished down on Tuesday, 17 May 2016, amid worries that Beijing might taper monetary stimulus after Chinese President Xi Jinping pledged to push ahead with the structural reforms and reduce the country's debt levels. But losses were limited amid further signs capital outflows are easing. Most sectors fell, with transportation shares leading the decline. The benchmark Shanghai Composite Index declined 7.18 points, or 0.25%, to 2843.68. The CSI 300 Index, measuring exchanges in Shanghai and Shenzhen, fell 9.29 points, or 0.3%, to 3086.02.

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First Published: May 17 2016 | 6:13 PM IST

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