China stocks drop as key conference ends
Updated: 2011-12-14 15:44
(Xinhua)
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BEIJING - Chinese stocks continued to fall for the fifth consecutive trading day on Wednesday with the benchmark Shanghai Composite Index closing down 0.86 percent, or 19.34 points, to 2,229.25.
The Shenzhen Component Index dropped 1.06 percent, or 97.85 points to finish at 9,093.03.
China's annual central economic work conference closed on Wednesday, which set the main theme of next year's economic and social development as "making progress while maintaining stability."
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- US markets 'still attractive' for Chinese IPOs
- Anshan Steel in supply agreement with Maersk
- IPOs: Who vouches for the sponsors?
- China to maintain prudent monetary policy
- Lower taxes to aid economic growth
- China's housing prices to decline in 2012
- Foreign trade target 'arduous' next year
