Shanghai Composite Down 1%, Shenzhen 2.89%, ChiNext 4.58% as Hardware Chain Retreats
China's Shanghai Composite Index fell 1%, the Shenzhen Component Index dropped 2.89%, and the ChiNext Index declined 4.58% as the computing hardware industry chain broadly retreated. The broad-based sell-off weighed on the market.
The Shanghai Composite Index extended its decline to 1%, while the Shenzhen Component Index fell 2.89% and the ChiNext Index dropped 4.58%. The computing hardware industry chain retreated across the board.