Shanghai Composite Index closes 3.05% lower, Shenzhen Component Index down 5.4%

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Summary · why it matters

On the 17th, China's stock market saw the Shanghai Composite Index close at 3,764.15 points, down 118.26 points or 3.05% from the previous day. The Shenzhen Component Index fell sharply by 781.77 points to 13,706.88 points, a decline of 5.4%, while the CSI 300 Index also dropped 169.33 points to 4,529.10 points, down 3.6%. The Shanghai B-Share Index ended at 269.26 points, down 3.95 points, and the Shenzhen B-Share Index closed at 1,096.32 points, down 1.76 points.

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