The Shanghai Composite Index slipped 0.2 per cent, or 5.72 points, to 3,163.18 at the close on Monday. Photo: AP

China’s stocks slip as official support for tech firms triggers sell-off in traditional sectors

Mainland traders rotate out of banks and liquor distillers into technology stocks as the government unveils plans to attract start-ups and tech giants to list domestically through Chinese depository receipts

Topic |   China stock market

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The Shanghai Composite Index slipped 0.2 per cent, or 5.72 points, to 3,163.18 at the close on Monday. Photo: AP
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