1st LD-Writethru: Chinese shares close lower Friday-Xinhua

1st LD-Writethru: Chinese shares close lower Friday

Source: Xinhua

Editor: huaxia

2025-08-08 16:30:45

BEIJING, Aug. 8 (Xinhua) -- Chinese stocks closed lower on Friday, with the benchmark Shanghai Composite Index down 0.12 percent to 3,635.13 points.

The Shenzhen Component Index closed 0.26 percent lower at 11,128.67 points.

The combined turnover of these two indices stood at 1.71 trillion yuan (about 239.6 billion U.S. dollars), down from 1.83 trillion yuan on the previous trading day.

Shares related to the high-speed railway, mega-hydropower and electric power industries led the gains, while stocks related to the e-commerce and semiconductor sectors suffered major losses.

The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, lost 0.38 percent to close at 2,333.96 points.