Business News

Chinese shares fall as oil prices slide

HONG KONG, March 24, (APP/AFP): Chinese stocks fell on Thursday,
with Shanghai dragged lower by profit-taking as weaker oil prices and a stronger dollar hurt sentiment across Asian markets.
The benchmark Shanghai Composite Index fell 0.77 percent, or 23.16
points, to 2,986.80 shortly after opening.
The Shenzhen Composite Index, which tracks stocks on China’s second
exchange, lost 0.92 percent, or 17.41 points, to 1,885.12.
In Hong Kong, the Hang Seng Index slumped 0.92 percent, or 189.87 points, to 20,425.36.