Chinese Stock Markets Ignore Hints of New Foreign Capital Inflows; Tech Shares Fizzle
Xu Wei
/SOURCE : yicai

(Yicai Global) Sept. 11 -- Chinese mainland stock markets ended lower in spite of the foreign exchange regulator's promise to widen access to overseas investors. Technology shares fell by 2 percent.

The Shanghai Composite Index declined 0.41 percent to 3,008.81. The Shenzhen Component Index dropped 1.12 percent to 9,853.72. The ChiNext Price Index, which tracks growth enterprises listed in Shenzhen, slid 1.26 percent to 1,703.54. 

The State Administration of Foreign Exchange said yesterday that the investment quota limits under the Qualified Foreign Institutional Investors scheme and the Renminbi Qualified Foreign Institutional Investor program will be removed. 

Editor: Emmi Laine 

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