China’s tech board posted worst weekly performance in six weeks amid warnings over speculation
China’s tech board posted worst weekly performance in six weeks amid warnings over speculation

China’s tech board posted worst weekly performance in six weeks amid warnings over speculation

 

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China's technology board in Shenzhen posted its worst weekly performance in six months, after state media warned about risks in speculation in the board and the exchange suspended several stocks to rein in the speculative bets.

The ChiNext index of start-up companies tumbled 7.2 per cent from September 7 for the steepest five-day loss since March. That compared with a 2.8 per cent drop in the benchmark Shanghai Composite Index, a gauge represented by some of the nation’s biggest companies.

The STAR 50 index tracking companies on Shanghai's . . .

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