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
96024 Facts About Saving Energy And Conservation CornellMancuso46099 2024.12.07 1
96023 How About Pumpkin Pancakes? Nancee61142264269777 2024.12.07 0
96022 Quantum Info Science I. Marylyn11488030569484 2024.12.07 2
96021 A Corporate Gift Card - Good Virtually Any Occasion ElvaNez8356091213288 2024.12.07 0
96020 The Pros And Cons Of Solar Panels Forbes Home RosalinaOjeda426677 2024.12.07 2
96019 Как Объяснить, Что Зеркала Вебсайта Официальный Сайт Sykaaa Casino Необходимы Для Всех Клиентов? MichaelaSuttor0271 2024.12.07 2
96018 5 Misconceptions Regarding Insurance Policy Claim Disputes & The Attorneys That Conflict Them Debunked AbbieThomsen04083 2024.12.07 2
96017 Contact OH Energy Ratings RosalinaOjeda426677 2024.12.07 3
96016 IBM Quantum Knowing Marylyn11488030569484 2024.12.07 2
96015 Where To Discover Free Commencement Clipart Photographs MistyMcs17401392 2024.12.07 0
96014 Does Nmn In Fact Job MarisaSmith029715 2024.12.07 1
96013 Объявления Питера CoreyFriedmann4685304 2024.12.07 0
96012 Top 20 Computer Animated Touchdown Web Page Instances You Need To See LouveniaSadler31 2024.12.07 2
96011 How To Change Taskbar BettieOKeefe619618 2024.12.07 0
96010 Cara Bermain Poker Online Tomas117593309717108 2024.12.07 0
96009 Energy Efficiency 2022 Analysis ElmaDupuy5397358 2024.12.07 2
96008 Where To Find Free Commencement Clipart Photographs Lashay48G406169 2024.12.07 0
96007 Bet777 Casino Review JamiHayter7456692227 2024.12.07 0
96006 Гайд По Джекпотам В Онлайн-казино RefugioBeebe35239328 2024.12.07 2
96005 Flemenkçe Kursu AnalisaMarcello 2024.12.07 0
Up