Skip to menu

XEDITION

Board

China Stocks Down Pressured By Real Estate; HK Shares Up

NadineHanna05761 2024.12.03 09:13 Views : 5

SHANGHAI, kuwin betting April 10 (Reuters) - China stocks fell on Wednesday, dragged by real estate shares, while rating agency Fitch revised its outlook on China to negative. Hong Kong shares were up, led by tech stocks.

Ratings agency Fitch revised its outlook on China to negative on Tuesday, citing increasing risks to the country's public finance outlook.

1200x1200bb.jpgChina stocks were closed for midday break before the release of the rating downgrade.

Several property developers reported weakening sales in March, suggesting continued pressure for the sector and dragging real estate shares down.

Investors are also awaiting for a string of key economic data due this week and the next week to gauge policy paths.

** The Shanghai Composite index retreated 0.34% at 3,038.25 points by the midday break, while the blue-chip CSI 300 index was down 0.43%.

** Financial stocks, consumer staples , healthcare and real estate fell between 0.18% and 3.17%.

** The Shenzhen index was down 1.46%, the startup board ChiNext Composite index weakened 1.87% and Shanghai's tech-focused STAR50 index declined 1.57%.

** Chinese H-shares listed in Hong Kong rose 2.15% to 6,021.79, while the Hang Seng Index was up 1.88% at 17,144.54.

** Around the region, MSCI's Asia ex-Japan stock index was firmer by 0.74% while Japan's Nikkei index was down 0.31%.

** The yuan was quoted at 7.2306 per U.S. dollar, 0.03% firmer thanthe previous close of 7.2329.

** The largest percentage gainers in the main Shanghai Composite index were Shaanxi Construction Machinery Co , up 10.04%, followed by SEC Electric Machinery Co gaining 10.03%, and Ningbo Zhongbai Co, up by 10.03%.

** The largest percentage losses in the Shanghai index were Beijing Kawin Technology Share-Holding Co, down 19.652%, followed by Shanghai Prosolar Resources Development Co losing 10.019%, and Shanghai Lianming Machinery Co , down by 10.013%. (Reporting by Shanghai Newsroom; Editing by Varun H K)
No. Subject Author Date Views
79433 Ketupat Bengkulu Poker Online Gratis MarieQuirk0637250 2024.12.04 0
79432 Why LOC File Users Choose FileViewPro BarryNewport490 2024.12.04 0
79431 Stage-By-Step Guidelines To Help You Obtain Web Marketing Achievement FideliaGilmer61718 2024.12.04 0
79430 Stage-By-Move Tips To Help You Obtain Internet Marketing Achievement KatherinRoman053358 2024.12.04 0
79429 Объявления В Санкт Петербурге ClaudeFgj75585746 2024.12.04 0
79428 Step-By-Stage Tips To Help You Attain Web Marketing Accomplishment EpifaniaHiller0055 2024.12.04 0
79427 Move-By-Step Ideas To Help You Attain Online Marketing Achievement LawannaV2900075487762 2024.12.04 2
79426 Bandingkan Situs Poker Online Optimal LienFavenc2493875006 2024.12.04 0
79425 Truffe Noire : Comment Faire Pour Convaincre Un Client ? GlennaBurger4685599 2024.12.04 0
79424 Metode Dan Manuver Domino CarrollConnah09901223 2024.12.04 0
79423 Luxury Penthouse Malaysia DXVLamar550808938 2024.12.04 0
79422 How To Seek Out The Time To Portable Label Printers Wireless On Twitter ZellaHarter0505 2024.12.04 0
79421 Phase-By-Move Guidelines To Help You Attain Website Marketing Good Results JoanWeinberg64378649 2024.12.04 0
79420 Stage-By-Step Tips To Help You Accomplish Web Marketing Achievement RhondaTafoya518100251 2024.12.04 0
79419 Phase-By-Phase Ideas To Help You Attain Website Marketing Success WildaBarney993554 2024.12.04 2
79418 Stage-By-Stage Guidelines To Help You Achieve Web Marketing Good Results BennyQuiles1066269 2024.12.04 0
79417 Luxury Penthouse Malaysia InesBartels8991109203 2024.12.04 0
79416 The Advantages Of Different Types Of Penthouse TabithaVidler38 2024.12.04 0
79415 Stage-By-Phase Tips To Help You Attain Online Marketing Good Results RosauraMcGhee30815 2024.12.04 0
79414 Binjai On The Park Penthouse HortenseLemmons 2024.12.04 0
Up