Top Biz News
Chinese shares fall on liquidity concerns
(Xinhua)
Updated: 2010-01-20 16:56
 |
Large Medium Small |
Chinese equities fell on Wednesday following media reports that some major banks would stop lending for the rest of January and the central bank would increase interest rate on Friday.
| ||||
The Shenzhen Component Index dived 3.25 percent, or 434.52 points, to close at 12,916.15 points.
Combined turnover totaled 326.6 billion yuan ($47.8 billion), up from 270.91 billion yuan on the previous trading day.
Losers outnumbered gainers by 771 to 108 in Shanghai and 765 to 55 in Shenzhen.
