Published on 07/09/2025 at 03:41
(MT Newswires) -- Chinese shares are flat in negative territory as sentiment was dampened over an increase in inflation.
The Shanghai Composite Index marginally slid to close Wednesday's trade at 3,493.05, while the Shenzhen Component Index moderately fell to 10,581.80.
China's consumer price index rose 0.1% in June from a year earlier, reversing the 0.1% decline in May and higher than the Reuters poll prediction of an unchanged outcome.
Meanwhile, the country's producer prices fell 3.6% year over year in June, with the drop being the fastest in almost two years. The decline was steeper than the 3.3% decrease in May and the 3.2% drop forecasted in a Reuters poll.
In corporate news, Autel Intelligent Technologyfell 3.4% after buying back shares for 100.2 million yuan.
Zhejiang Juhua dropped 4.3% despite its total operating income growing 27% year on year to 11.7 billion yuan in the first half.
Sumber : MT Newswires
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