Chinese shares close lower Friday-Xinhua

Chinese shares close lower Friday

Source: Xinhua

Editor: huaxia

2026-01-16 17:05:16

This file photo shows the Shenzhen Stock Exchange in Shenzhen, south China's Guangdong Province.  (Xinhua/Liang Xu)

BEIJING, Jan. 16 (Xinhua) -- Chinese stocks closed lower on Friday, with the benchmark Shanghai Composite Index down 0.26 percent to 4,101.91 points.

The Shenzhen Component Index closed 0.18 percent lower at 14,281.08 points.

The combined turnover of these two indices totaled 3.03 trillion yuan (about 432.38 billion U.S. dollars), up from 2.91 trillion yuan on the previous trading day.

Stocks related to semiconductor, storage chip and humanoid robot led the gains, while those in the oil and gas, and AI applications suffered major losses.

The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, lost 0.20 percent to close at 3,361.02 points Friday.

The STAR Composite Index, which reflects the performance of stocks on China's sci-tech innovation board, closed 1.63 percent higher at 1,855.03 points on Friday. 

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