Tech, nickel shares lead tumble
By Bloomberg | China Daily | Updated: 2014-05-16 07:14
China's stocks fell on Thursday, sending the benchmark index to its biggest loss in two weeks, on concerns that a slowdown in Asia's largest economy will hurt earnings.
Anhui USTC iFlytek Co sank 5.1 percent, leading technology shares lower. Yanzhou Coal Mining Co, the fourth-biggest Chinese coal miner, paced losses by commodity producers. Jilin Ji En Nickel Industry Co fell 5.8 percent as nickel slumped.
The Shanghai Composite Index slid 1.1 percent to 2,024.97 points at the close, the deepest decline since April 28.
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