March 25, 2025 at 03:59 am EDT
(MT Newswires) -- Chinese shares closed flat in negative territory at the end of Tuesday session as the country's fiscal revenue declined for the first two months of the year.
The Shanghai Composite Index marginally fell to 3,369.98. The Shenzhen Component Index lost 4%, or 46.41 points, to 10,649.08.
China's fiscal revenue fell 1.6% to 4.39 trillion yuan in the January-February period, according to data from the Ministry of Finance.
The drop was attributed to a decline in the fiscal revenue collected by the central government, while its expenditure increased during the period.
In corporate news, Wintech Nano (Suzhou) soared 208% at the close of its trading debut, with its shares closing 27.90 yuan each from its initial offering price of 9.08 yuan per share.
Moreover, Skyworth Digitaldropped over 4% following an announcement to continue constructing the 932 million yuan Huizhou Skyworth Digital Industrial Park.

Sumber : MT Newswires