SHANGHAI: China’s main stock indexes were little changed on Friday but ended the week higher, with Shanghai shares snapping a five-week losing streak, as soothing regulatory comments and the central bank’s injection offset worries over tighter regulations and economic growth. The blue-chip CSI300 index rose 0.2 per cent, to 3,403.85 points, while the Shanghai Composite Index ended flat at 3,090.63 points.
For the week, CSI300 was up 0.5 per cent, while SSEC added 0.2 per cent. Over the weekend, Premier Li Keqiang said China would strike a balance between financial stability, gradual deleveraging, and steady economic growth, noting the government was capable of maintaining stability in the financial markets.
