| The Mainland China share market finished session marginal down on Thursday, 02 December 2021, as fret over the effects of the new Omicron coronavirus variant on the global economic recovery was offset by signs that Beijing is marginally easing liquidity strains on the cash-strapped property sector. At close of trade, the benchmark Shanghai Composite Index fell 0.09%, or 3.05 points, to 3,573.84. The Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 0.62%, or 15.70 points, to 2,508.45. The blue-chip CSI300 index was up 0.25%, or 12.31 points, to 4,856.16. Shares of real estate developers advanced after three firms unveiled plans to issue domestic bonds to raise a combined 18 billion yuan. CURRENCY NEWS: China's yuan softened against the U.S. dollar on Thursday after weaker mid-point fixing. Prior to market opening, the People's Bank of China (PBOC) set the midpoint rate CNY=PBOC at 6.3719 per dollar, 23 pips weaker than the previous fix of 6.3693. In the spot market, the onshore yuan CNY=CFXS was changing hands at 6.3693 at midday, 5 pips weaker than the previous late session close. Powered by Capital Market - Live News |