China stock markets depressed over energy crunch despite property rally

13.10.2021

Chinese stocks closed lower on Tuesday, dragged down by coal and power-intensive sectors, while property firms rose after analysts pointed to possible policy easing to support the troubled sector.

The blue-chip CSI300 index fell 1.1%, to 4,883.84, while the Shanghai Composite Index lost 1.3% to 3,546.94 points.

The coal sub-index fell 2.2%...