SHCI, SZCI Soften at Close; Once Recover All Lost Grounds after Midday 

Shanghai and Shenzhen stock markets were in choppy trading today. Shanghai Composite Index and Shenzhen Component Index once tumbled 4-5.2% at most after midday but met resistance after hitting the low at 2,638/ 8,986. The indexes once recovered all the lost grounds at 2:30 p.m. but eventually finished the day trading down by 0.5%/ 0.6% at 2,735/ 9,422. CSI 300 Index hit the high/ low at 2,963/2,839 to close at 2,930, down 0.3%. The ChiNext Index closed at 1,997, up 0.2%. Turnover of Shanghai and Shenzhen bourses slightly decreased to RMB207.4 billion and RMB302.8 billion.

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