BEIJING: China shares ended lower on Thursday, after falling the most in more than two weeks, taking cues from an overnight slump on Wall Street on renewed concerns over a coronavirus-led slowdown in global economic recovery.
At the close, the Shanghai Composite index was down 1.72% at 3,223.18, while the blue-chip CSI300 index was down 1.92%, both posting their biggest one-day percentage drop since Sept 9.
The financial sector sub-index was lower by 1.35% and the consumer staples sector shed 1.68%. The real estate index was down 1.86% and the healthcare sub-index lost 1.63%. The smaller Shenzhen index ended down 2.32% and the start-up board ChiNext Composite index was weaker by 2.462%.
Shares of Brilliance China Automotive Holdings Ltd rose to their highest since Aug. 25 after Reuters reported that state-backed investors are considering taking BMW's Chinese partner private.
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