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
90473 Get In Touch With United States AllanRoach036025 2024.12.06 1
90472 Все Тайны Бонусов Starda Casino Которые Вы Обязаны Знать KristinHenn83961 2024.12.06 2
90471 Mitochondrial Disorder And Chronic Disease EmeryPigott1291772 2024.12.06 2
90470 How To Set Up Fad Micro Adult Controls On Windows AdaV50234303513184 2024.12.06 1
90469 Why Is Solar Energy Renewable? CalebPrerauer229 2024.12.06 0
90468 55 Preloader Instances For A Seamless Individual Experience LaylaPrendergast 2024.12.06 2
90467 Top 16 Finest Spermidine Supplements DomingaTarr723528199 2024.12.06 2
90466 Top International Sports Betting Sites 2024 NobleSerena762012 2024.12.06 0
90465 Exercise Quantum Computing QOGCarmella2939601 2024.12.06 2
90464 Does Nmn In Fact Job ElissaSchwab235940 2024.12.06 2
90463 Identity Verification And Authentication SadieHildebrand 2024.12.06 1
90462 Download And Install Yandex Web Browser MarilynnLevey59 2024.12.06 0
90461 7 Best Supplements And Treatments For Mitochondrial Support SarahWbr43621656 2024.12.06 1
90460 Benefits, Adverse Effects And Dosage Forbes Health And Wellness CollinA910818008 2024.12.06 2
90459 Complete NDIS Software For Impairment Service Providers AllanRoach036025 2024.12.06 1
90458 Download Yandex Browser CalebPrerauer229 2024.12.06 3
90457 Medication & Alcohol Rehabs In New York City CeciliaCharlesworth 2024.12.06 2
90456 Mobile Identification And Knowledge Experts NataliaFletcher5055 2024.12.06 1
90455 Offering A Small Business Israel02Q1788114 2024.12.06 1
90454 Пути Выбора Наилучшего Онлайн-казино JedFlannagan60985466 2024.12.06 3
Up