Stocks sink 1.5%, lock-up expiries weigh
皇冠体育app Daily | Updated: 2008-12-23 07:51
Chinese stocks sank 1.52 percent yesterday, weighed down by pending expiries this week of lock-up periods for shares in dozens of listed firms, while property shares dropped after a rumoured interest rate cut expected over the weekend failed to materialize.
The Shanghai Composite Index closed at 1,987.755 points, after rising 3.29 percent last week.
Losing Shanghai A shares outnumbered the gainer companies by 520 to 400.
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