HONG KONG: Chinese stocks fell on Thursday, with Shanghai dragged lower by profit-taking as weaker oil prices and a stronger dollar hurt sentiment across Asian markets.
The benchmark Shanghai Composite Index fell 0.77 percent, or 23.16 points, to 2,986.80 shortly after opening.
The Shenzhen Composite Index, which tracks stocks on China’s second exchange, lost 0.92 percent, or 17.41 points, to 1,885.12.
In Hong Kong, the Hang Seng Index slumped 0.92 percent, or 189.87 points, to 20,425.36.
