Chinese shares close lower Friday-Xinhua

Chinese shares close lower Friday

Source: Xinhua

Editor: huaxia

2026-01-30 17:43:15

This photo taken on Oct. 8, 2024 shows the Shenzhen Stock Exchange in Shenzhen, south China's Guangdong Province. (Xinhua/Liang Xu)

BEIJING, Jan. 30 (Xinhua) -- Chinese stocks closed lower on Friday, with the benchmark Shanghai Composite Index down 0.96 percent to 4,117.95 points.

The Shenzhen Component Index closed 0.66 percent lower at 14,205.89 points.

The combined turnover of these two indices totaled 2.84 trillion yuan (about 407.59 billion U.S. dollars), down from 3.23 trillion yuan on the previous trading day.

Stocks related to textile machinery, agriculture and papermaking led the gains, while shares in the non-ferrous metal and oil sectors suffered major losses.

The ChiNext Index, which tracks China's Nasdaq-style board of growth enterprises, gained 1.27 percent to close at 3,346.36 points on Friday.

The STAR Composite Index, which reflects the performance of stocks on China's sci-tech innovation board, closed 0.08 percent higher at 1,832.56 points on Friday. 

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