The Shanghai Composite Index fell 1.55% to close at 2,865.101, while the Shenzhen Composite Index fell 0.69% to close at 860.69 on Friday. Trading volume on the Shanghai and Shenzhen Stock Exchanges reached RMB 63.867 billion and RMB 34.46 billion, respectively.
Shares of textile companies Liaoning Times Garments I/E Inc. (600241.SH), Shanghai Kaikai Industry Company Limited (600272.SH), Shanghai Sanmao Enterprise (Group) Co. Ltd. (600689.SH) and Jiangsu Sunshine Co. Ltd. (600220.SH) rose 7.37%, 6.28%, 3.78% and 3.43%, respectively, on Friday.