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Chinese stocks closed down sharply on Thursday after another wild trading day as investors shrugged off regulators’ intensified efforts to put a floor under the sliding market.
The CSI300 index of the largest listed companies in Shanghai and Shenzhen fell 3.4 per cent to 4,107.99, while Shanghai Composite Index lost 3.5 per cent to 3,912.77 points.
Among the most active stocks in Shanghai were Bank of China, up 5.3 per cent at 5.00 yuan; ICBC, up 5.6 per cent at 5.43 yuan, and Agri Bank of China, up 1.1 per cent at 3.63 yuan.
In Shenzhen, BOE Technology, down 8.3 per cent at 4.51 yuan; TCL Corp, up 4.6 per cent at 5.48 yuan, and Vanke, down 0.3 per cent at 14.21 yuan were among the most actively traded.
Total volume of A shares traded in Shanghai was 58.3 billion shares, while Shenzhen volume was 31.7 billion shares.
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