Chinese Stocks Decline 0.5%

Dow Jones
Aug 13

This article was automatically generated by Dow Jones using technology from Automated Insights.

Stocks in China slipped Thursday, as the Shanghai Composite Index dropped 0.5% to 3926.96.

Among local companies with a market cap of at least 150 billion onshore Chinese yuan ($22.24 billion), Aluminum of China A was the biggest laggard, tumbling 5.6%, followed by shares of Zijin Mining Group, which fell 4.1%. Shares of China Jushi A fell 3.3%.

Yuanjie Semiconductor A was the biggest leader during the session, jumping 5.0%, and MetaX Integrated Circuits surged 4.4%. WuXi AppTec A rounded out the top three movers, as shares rose 2.1%.

On the currency front, the WSJ Dollar Index was flat at 96.29. The dollar held steady against the onshore yuan at 6.74 yuan.

In the bond markets, the 10-year Chinese government bond yield declined 0.41 basis point to 1.715%.

Data source: Dow Jones Market Data, FactSet

 

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