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
97819 Free Graphics Of Rose Borders For Desktop Publishing Tasks MistyAndronicus1707 2024.12.07 0
97818 Https://pokerbeta.net SergioGarnett871966 2024.12.07 0
97817 Объявления Санкт-Петербурга IsabelleBeem9870 2024.12.07 0
97816 Bet777 Casino Review JamiHayter7456692227 2024.12.07 0
97815 Https://pokerbeta.net MinnieAbel87892 2024.12.07 0
97814 Https://pokerbeta.net GeorgianaSeals2561 2024.12.07 0
97813 Tony Parker Attacks EulaBuckley93853750 2024.12.07 0
97812 Phase-By-Stage Tips To Help You Accomplish Web Marketing Success RandellYwt68476835398 2024.12.07 1
97811 Https://pokerbeta.net SergioGarnett871966 2024.12.07 0
97810 Free Graphics Of Rose Borders For Desktop Publishing Tasks PatsyShuler1403959 2024.12.07 0
97809 Https://pokerbeta.net WNYMaybelle208998 2024.12.07 2
97808 Federer With Another Silly Move IsabellaBurdekin1 2024.12.07 1
97807 Https://pokerbeta.net GeorgianaSeals2561 2024.12.07 0
97806 Iphone With Microsoft Outlook FlorenciaMacdowell 2024.12.07 0
97805 Https://pokerbeta.net SergioGarnett871966 2024.12.07 0
97804 Https://pokerbeta.net FrancescoHedin3793 2024.12.07 0
97803 Cocktail Lounge AshelySawtell51425198 2024.12.07 0
97802 Https://pokerbeta.net GeorgianaSeals2561 2024.12.07 0
97801 Все Тайны Бонусов Онлайн-казино Casino R7, Которые Вы Должны Использовать ChanaScarbrough16182 2024.12.07 2
97800 Https://pokerbeta.net SergioGarnett871966 2024.12.07 0
Up