China stock markets down on doubts over monetary policy

07.12.2021

China stocks closed lower on Monday, dragged by semiconductor and new energy shares, with analysts saying that Premier Li Keqiang's comments on cut in reserve requirement ratios alone cannot turn around the economic down cycle. The blue-chip CSI300 index ended 0.2% lower at 4,892.62, while the Shanghai Composite Index lost 0.5% to 3,589.31...