Stocks fall on liquidity concerns

BEIJING - Stocks fell on Wednesday due to worries over tightening liquidity in the domestic banking system and uncertainty over whether US President Donald Trump will be able to get his economic policies approved in a timely fashion.

The blue-chip CSI300 index fell 0.5 percent to 3,450.05 points, while the Shanghai Composite Index lost 0.5 percent to 3,245.22 points.

"Investors are taking a review of the global economic recovery, as Trump fails to put forward specific figures on his tax cut policies and infrastructure plans," said Linus Yip, strategist at First Shanghai Securities Ltd.