Chinese Shares Fall for Third Straight Day; iRay Technology Down 5%

Published on 09/04/2025 at 04:06 am EDT
(MT Newswires) -- Chinese shares were down on Thursday, as the country's regulators are considering new ways to slow the stock market after a $1.2 trillion rally since the beginning of August.
The Shanghai Composite Index, the main gauge of Chinese stocks, fell 1.3 to 3,765.88. The Shenzhen Component Index fell 2.8% to 12,118.70. Both indices were down for a third straight session.
Shares declined as China's financial regulators considering cooling measures for the equities market, Financial Times cited Zhao Jian, head of a research institute at Atlantis Investment, as saying.
Proposals include the removal of some short selling curbs and options to rein in speculative trading, Bloomberg News reported.
In company news, iRay Technology is looking to offer 30,032,755 shares to raise 1.17 billion yuan for the construction of X-ray vacuum devices. Shares of the X-ray system components manufacturer closed 5% lower Thursday.

Sumber : MT Newswires