Published on 12/16/2025 at 03:10 am EST
(MT Newswires) -- Chinese shares fell further on Tuesday as investors sold off stocks amid rising economic growth concerns and the earlier tech rally losing its momentum.
The Shanghai Composite Index, the main gauge of Chinese stocks, fell 1.1% to 3,824.81. The Shenzhen Component Index dropped 1.5% to 12,914.67.
Vey-Sern Ling, managing director at Union Bancaire Privee, said the Chinese government failed to definitely resolve issues of deflation, soft consumption, real estate weakness and involution, Bloomberg News reported. Given the uncertainty, profit-taking among investors makes sense, Ling added.
Earlier in the week, China released a slew of economic data that saw declines in retail sales, home prices and fixed-asset investments as well as a slowing in factory price growth.
The generally weak macro environment and the lack of meaningful catalysts from the Central Economic Work Conference, combined with worries that artificial intelligence may be in a bubble, also bore down on tech stocks, Bloomberg cited Xin-Yao Ng, a fund manager at Aberdeen Investments, as saying.
In company news, shares of OnMicrojumped 160% versus their initial public offering price of 83.06 yuan on the first day of trading on the Shanghai bourse.
Sumber : MT Newswires
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