1st LD-Writethru: Chinese shares close mixed Friday
Xinhua, July 15, 2016 Adjust font size:
Chinese stocks closed mixed on Friday, with the benchmark Shanghai Composite Index up 0.01 percent, at 3,054.3 points.
The smaller Shenzhen index closed 0.28 percent lower at 10,823.21 points.
The ChiNext Index, which tracks China's NASDAQ-style board of growth enterprises, lost 1.28 percent to close at 2,263.78 points.
Turnover on the two bourses stood at 568.1 billion yuan (86 billion U.S. dollars).
The communications and pork sectors performed well while national defense and airplane manufacturing suffered losses.
The country's GDP grew 6.7 percent year on year in the second quarter, according to data released by the National Bureau of Statistics (NBS) on Friday.
The figure, though it was the lowest quarterly rate since the global financial crisis, remained within the government's targeted range of between 6.5 and 7 percent for 2016.
NBS spokesperson Sheng Laiyun said China's economic stabilization is set to continue, with major indicators operating in a reasonable zone while supply-side structural reform and economic restructuring continue to advance. Endi