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Chinese shares close lower Tuesday

China

China

China

Chinese shares close lower Tuesday

2025-12-16 16:58 Last Updated At:18:17

Chinese stocks closed lower on Tuesday, with the benchmark Shanghai Composite Index down 1.11 percent to 3,824.81 points.

The Shenzhen Component Index closed 1.51 percent lower at 12,914.67 points.

The combined turnover of these two indices stood at 1.72 trillion yuan (about 243.62 billion U.S. dollars), down from 1.77 trillion yuan on the previous trading day.

Stocks related to retailing, education, digital currency and autonomous driving led the gains while those related to precious metals, controlled nuclear fusion, cultivated diamonds and non-ferrous metals led the losses.

The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, lost 2.1 percent to close at 3,071.76 points.

Chinese shares close lower Tuesday

Chinese shares close lower Tuesday

Russia's Ministry of Defense said Tuesday that its forces struck 154 Ukrainian targets in the past 24 hours, while Ukraine's military reported 151 combat engagements along the front line during the same period.

In its daily briefing, the Russian defense ministry said its forces took control of the settlement of Novoplatonovka in the Kharkiv region in the past 24 hours.

The ministry said the strikes hit 154 targets, including facilities used to transport Western-supplied weapons, ammunition and fuel depots, as well as temporary deployment sites of Ukrainian forces and foreign mercenaries.

The ministry also said its forces destroyed Ukrainian armored vehicles, various types of artillery, military vehicles and drones.

On the same day, the General Staff of the Armed Forces of Ukraine said in a battlefield update that its air force, missile forces and artillery struck Russian troop concentrations, command posts and artillery systems.

Ukrainian forces said they repelled Russian attacks in the Pokrovsk, Kupyansk and Lyman directions, destroying Russian tanks, armored vehicles, artillery and tactical-level drones.

Russia, Ukraine report heavy fighting along front lines

Russia, Ukraine report heavy fighting along front lines

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