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2021-03-15

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China stocks end lower as policy tightening worries persist

SHANGHAI, March 15 (Reuters) - China shares closed lower on Monday, with heavyweight consumer, healt

China stocks end lower as policy tightening worries persist

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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina stocks end lower as policy tightening worries persist\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-03-15 15:43</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SHANGHAI, March 15 (Reuters) - China shares closed lower on Monday, with heavyweight consumer, healthcare and new energy stocks leading the losses, as the recent conservative annual economic growth target reignited fears Beijing could tighten policy to rein in lofty valuations.</p>\n<p>The blue-chip CSI300 index fell as much as 3% before ending down 2.2% at 5,035.54, while the Shanghai Composite Index shed 1% to 3,419.95 points.</p>\n<p>The CSI300 index is now in a correction territory, down 15% from an all-time high of 5,922.02 points notched just weeks ago.</p>\n<p>Falling the most on Monday, the CSI300 consumer staples index, the CSI300 healthcare index and the CSI New Energy Index slumped 3.8%, 4.2% and 3.9%, respectively.</p>\n<p>Growth shares have come under intense pressure globally in recent weeks amid rising inflation fears. 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