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Chinese Stocks Broadly Lower as Mining Stocks Weigh -- Market Talk

Dow Jones Newswires ·  Nov 25, 2021 20:50

0141 GMT - Chinese stocks are broadly lower in early trade, tracking declines among other Asian equities amid worries of a new Covid-19 variant. The Shanghai Composite Index falls 0.4% to 3570.05, the Shenzhen Composite Index is 0.2% lower at 2508.00 and the ChiNext Price Index adds 0.1% to 3479.45. Mining stocks are among the worst performers, following comments by China's National Development and Reform Commission on Thursday that coal inventory at power plants is expected to hit an all-time high by end-November due to increasing coal supplies. Yanzhou Coal Mining Co. declines 5.2%, while China Coal Energy slips 1.5%. (justina.lee@wsj.com)

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