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China market dips as investors anticipate stronger policy support
13-Aug-26   16:14 Hrs IST

Chinese stocks closed lower on Thursday, disappointing investors with the latest signals from the central bank. The Shanghai Composite fell by 0.50% to 3,927, and the Shenzhen Component dropped 0.87% to 14,289.4, losing the gains from the previous session. The People’s Bank of China mentioned plans for future measures but did not provide clear details on significant monetary easing, making broad stimulus seem unlikely. Major decliners included Zijin Mining down 4.08%, NAURA Technology down 2.82%, Luxshare Precision down 2.25%, and Sinopec down 1.19%.

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