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
83549 Three Ways To Avoid Penthouse For Sale Burnout StanLyttleton57870 2024.12.05 0
83548 ### Langkah Mudah Untuk Mendaftar SeanHarless617227572 2024.12.05 0
83547 The Next 3 Issues To Immediately Do About 基隆按摩/越式洗頭/采耳/除毛/做臉 日式雲芳療 Yun Spa Massage-基隆廟口一館提供的產品 JaydenLeff309495877 2024.12.05 0
83546 ### Sistem Proteksi Terbaik RitaProsser679291544 2024.12.05 0
83545 The Most Overlooked Fact About Massage Sex Trafficking Case Revealed JaydenLeff309495877 2024.12.05 0
83544 ### Sistem Keamanan Yang Andal Caleb4539804166555 2024.12.05 0
83543 Top Choices Of 萬 華 越 式 洗 頭 台北 越 式 洗 頭 台北 越 式 洗 髮 龍 山寺 按摩 萬 華 按摩 龍 山寺 Massage 萬 華 Massage 采 耳的評論 SebastianPaulson61 2024.12.05 0
83542 How To Learn To Kanye West Poster Your Product WallacePeeples5484 2024.12.05 0
83541 9 Ways To Immediately Start Selling Meridian Massage MiquelLeff71339368 2024.12.05 0
83540 Four Rules About Ghế Massage Giá Rẻ Dưới 10 Triệu Meant To Be Broken MarcelaFeuerstein 2024.12.05 0
83539 This Take A Look At Will Show You Wheter You're An Skilled In Kanye West Poster With Out Realizing It. This Is How It Really Works WallacePeeples5484 2024.12.05 0
83538 At Home Massage Smackdown! JanisHancock22109 2024.12.05 0
83537 Top Guide Of 台北按摩滿憶亭養生會館taipei Massage、タイペイ マッサージ、타이페이 마사지 黎明里的評論 JaydenLeff309495877 2024.12.05 0
83536 5 Ways To Keep Away From Penthouse For Sale Burnout JorgeDunshea217210 2024.12.05 0
83535 Introducing The Straightforward Technique To Massage London OmerLiversidge73073 2024.12.05 0
83534 Explore The Secrets Of Mostbet.com Bonuses You Should Know Ivory70A313248484421 2024.12.05 2
83533 Wish To Step Up Your Full Body Thai Massage Near Me? It Is Advisable To Learn This First JanisHancock22109 2024.12.05 0
83532 ### Pilihan Slot Terlengkap CaroleTristan3435 2024.12.05 1
83531 ### Beragam Jenis Game Gacor BarbBellasis9890 2024.12.05 0
83530 7 Essential Methods To 蘭亭泰式養生館 Thaiorchid Thai Massage &spa KLLEdna79279918890874 2024.12.05 0
Up