China stocks fall despite expanded short-selling curbs

Investor confidence remains shaky as property slump clouds outlook

20240129N China stock

Chinese authorities have been working to stem the downward trend in stock prices. © Reuters

NORIYUKI DOI, Nikkei staff writer

SHANGHAI -- Chinese share prices declined Monday even as authorities imposed new restrictions to curb short-selling, a move that appears to have done little to ease investor concern over China's economic prospects.

The Shanghai Composite Index rose as much as 0.5%, but ended the session down 0.9% at 2,883.

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