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
76823 Ala Menang Poker Online Beserta Kiat Ini DorethaRossetti977 2024.12.04 0
76822 Explore The Mysteries Of CryptoBoss Internet Casino Bonuses You Should Benefit From PabloBoxer470565 2024.12.04 2
76821 Guide To Locksmith Tools For Lock Picking DwightLyster467 2024.12.04 0
76820 20 Reasons You Need To Stop Stressing About Live2bhealthy GrazynaValdivia 2024.12.04 0
76819 Step-By-Move Ideas To Help You Attain Website Marketing Achievement BeauJanzen7144177981 2024.12.04 2
76818 Can Someone Stop The Golden State Warriors? EulaBuckley93853750 2024.12.04 0
76817 Move-By-Move Guidelines To Help You Achieve Internet Marketing Achievement Lucy62K78778761302557 2024.12.04 0
76816 Video Marketing Tools ChanteAbernathy5 2024.12.04 0
76815 Stage-By-Phase Tips To Help You Accomplish Online Marketing Achievement EdytheSorensen0 2024.12.04 0
76814 9 Signs You're A Live2bhealthy Expert AnnettePaxson3482954 2024.12.04 0
76813 Ko66 Errol20W545459284336 2024.12.04 0
76812 Bet777 Casino Review OscarCounts448661734 2024.12.04 0
76811 Uncover The Mysteries Of Online Casino Champion Slots Bonuses You Must Know RenaRoundtree9798647 2024.12.04 2
76810 How To Teach Bitcoin Higher Than Anyone Else KarryNio20420356158 2024.12.04 1
76809 Your Worst Nightmare About Live2bhealthy Come To Life VanceSingletary3 2024.12.04 0
76808 Mobilier Shop MerriDeHamel4056680 2024.12.04 0
76807 Mobilier Shop MerriDeHamel4056680 2024.12.04 0
76806 Mobilier Shop ChesterLort105755 2024.12.04 0
76805 Step-By-Phase Tips To Help You Obtain Website Marketing Good Results MickeyFalls263766 2024.12.04 2
76804 Отель LUCKY JET АПАРТ-ОТЕЛЬв Новосибирская Обл Россия, Бронирование Онлайн, Отзывы, Фото, Цены 2024 Мой Горящий Тур ChristalM29412583836 2024.12.04 0
Up