1. China stocks close mixed; tech shares gain but material stocks weigh  Reuters
  2. ChiNext rally in Shenzhen worries traders as valuation approaches 2015 peak  South China Morning Post
  3. Widespread Floods Weaken Chinese Factory Activity  Breitbart
  4. View Full coverage on Google News
* SSEC -0.2%, CSI300 flat* SSEC -0.2%, CSI300 flat

China stocks close mixed; tech shares gain but material stocks weigh - Reuters

The ChiNext board of start-ups trades at 77 times price-earnings multiple, or four times more expensive than members in the Shanghai Composite Index. It is also one-third shy of its peak before the 2015 market crash.The ChiNext board of start-ups trades at 77 times price-earnings multiple, or four times more expensive than members in the Shanghai Composite Index. It is also one-third shy of its peak before the 2015 market crash.