The STAR Composite Index, which reflects the performance of stocks on China's sci-tech innovation board, closed 4.46 percent lower at 1,490.79 points on Thursday.
The STAR 50 Index, which tracks the 50 largest stocks listed on the board that also meet certain liquidity requirements, closed 4.27 percent lower at 1,228.09 points.
The sci-tech innovation board, commonly known as the STAR Market, was inaugurated in June 2019 at Shanghai Stock Exchange. It is designed to support companies in the high-tech and strategic emerging sectors.
China's STAR Composite Index closes lower Thursday
China's STAR Composite Index closes lower Thursday
Chinese Foreign Minister Wang Yi held talks with Icelandic Foreign Minister Thorgerdur Katrin Gunnarsdottir in Beijing on Thursday.
Noting that this year marks the 55th anniversary of the establishment of diplomatic relations between China and Iceland, Wang, also a member of the Political Bureau of the Communist Party of China Central Committee, said China appreciates Iceland's consistent adherence to the one-China policy and stands ready to share development opportunities with Iceland.
The two sides should strengthen coordination and work to promote a more just and equitable global governance system, Wang said.
Wang also briefed his Icelandic counterpart on the fifth plenary session of the 20th Central Committee of the Communist Party of China.
China's success is of great significance to the world, Gunnarsdottir said, adding that Iceland attaches great importance to the bilateral relations and stands ready to strengthen coordination with China.
Chinese FM holds talks with Icelandic foreign minister
