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China stocks break 4-day winning streak, regulatory concerns linger

Reuters  |  SHANGHAI 

SHANGHAI (Reuters) - China stocks snapped a four-day winning streak to end lower on Wednesday, as investors remained cautious amid lingering concerns over tighter regulation and economic growth despite recent soothing regulatory comments. The blue-chip CSI300 index fell 0.5 percent, to 3,409.97 points, while the Shanghai Composite Index lost 0.3 percent to 3,104.44 points. Chinese stocks had declined for five weeks in a row amid concerns that Beijing's stepped-up efforts to reduce leverage in the financial system would trigger liquidity stress and damage the economy.But the market rebounded ...

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First Published: Wed, May 17 2017. 12:44 IST