Mainland China stocks were little changed on Thursday, 22 December 2016, as strength in shares of state-owned enterprises (SOE) was offset by persisting tight liquidity in the wake of a bond scandal. The Shanghai Composite Index rose 0.07% to 3,139.56, reversing an earlier decline of 0.34%. The Shenzhen Composite Index, which tracks stocks on China's second exchange, fell 0.13% to 1,993.37. The ChiNext Index, which tracks China's NASDAQ-style board of growth enterprises, dropped 0.27% to close at 1,986.27 points.
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