The Shanghai Composite fell 0.3% to around 3,920, while the Shenzhen Component dropped 0.8% to 13,613 on Friday, giving back part of the prior session's gains amid soft global cues.
US stocks tumbled overnight as concerns grew over stretched valuations, particularly among AI-related firms, while investors assessed the impact of the prolonged US government shutdown and the Federal Reserve's rate outlook.
A gauge of US-listed Chinese firms slid 2% on Thursday, suggesting that the recent rally in mainland shares may be losing steam.
Investors now turn their attention to the Communist Party's leadership meeting on Oct. 20-23 and a possible Xi-Trump meeting at the APEC summit later this month for new policy signals.
Major decliners included Contemporary Amperex (-5.3%), Luxshare Precision (-3.5%), Wuxi Lead Intelligent (-10.7%), and Zijin Mining (-2.6%).
Sumber : tradingview.com
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