Chinese Shares Mixed; Investors Digesting PBOC Decision -- Market Talk

Dow Jones08-26

0206 GMT - Chinese shares are mixed in early Asian trading as investors digest the PBOC's latest decision to hold key policy rates steady. The Shanghai Composite Index is 0.1% lower at 2850.99, the Shenzhen Composite Index rises 0.3% to 1510.89 and the ChiNext Price Index adds 0.4%. Among major stocks, material companies are leading the gains. Zijin Mining Group is 1.4% higher and Aluminum Corp. of China climbs 1.3%. Decliners include Aier Eye Hospital, which is 4.1% lower, and Shanghai Pudong Development Bank, which drops 1.6%. (tracy.qu@wsj.com)

(END) Dow Jones Newswires

August 25, 2024 22:06 ET (02:06 GMT)

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