SHANGHAI, Nov 24 (Reuters) - China stocks ended lower on Tuesday, as investors locked in profit following a recent rally, while the market showed scant reaction to news that U.S. President-elect Joe Biden was given the go-ahead to begin his White House transition.
Analysts said a Biden presidency, which could mean more negotiation room for Washington and Beijing, would not make a big difference for China’s equities market, as they expected little change in U.S. policy towards China.
The blue-chip CSI300 index closed 0.6% lower at 4,974.29, while the Shanghai Composite Index declined 0.3% to 3,402.82.
The index retreated from its highest level in more than five years hit on Monday.
The CSI300 real estate index and the CSI300 consumer discretionary index fell 0.8% and 1.6%, respectively.
Jinke Property Group Co Limited (Ltd), Mango Excellent Media Co Ltd and Midea Group Co Ltd dropped between 2% and 5.7%.
Read more from the original article:
免責事項：本記事で述べられている見解は著者の見解のみであり、Followmeの公式見解を反映するものではありません。Followmeは、提供された情報の正確性、完全性、信頼性について一切責任を負いません。また、書面で明示的に記載されている場合を除き、本記事の内容に基づいて行われたいかなる行動についても責任を負いません。
古いコメントはありません。ソファをつかむ最初のものになりましょう。