The Shanghai composite index has closed at a 15-month low after data pointed to slowing growth and rising inflation.
The index dropped 19 points or 0.8% to 2,364 at the end of trading, its lowest close since April last year.
Shanghai was one of the first markets to recover after the global financial crisis, but peaked in August last year. It has since fallen 32%.
Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at info@marketpulse.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.