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
75574 Ten Ways To Keep Your HU Growing Without Burning The Midnight Oil JocelynNutter64965 2024.12.04 0
75573 Phase-By-Step Tips To Help You Attain Web Marketing Success MilesHamlett927700 2024.12.04 10
75572 Newsletter Topics: How Assist You Your Customers And Company Is KatharinaThrasher36 2024.12.04 0
75571 Best Free Dating Sites, Websites Linda5834708593892036 2024.12.04 0
75570 20 Gifts You Can Give Your Boss If They Love Live2bhealthy SpencerGranier6 2024.12.04 0
75569 Телеграм Группы Городов России CooperR68387275380658 2024.12.04 0
75568 Phase-By-Move Ideas To Help You Accomplish Internet Marketing Achievement MalorieBeit54842754 2024.12.04 7
75567 Direksitoto Slot Gacor DanialKeene839734 2024.12.04 0
75566 Phase-By-Step Ideas To Help You Achieve Online Marketing Success MollieGrieve568 2024.12.04 0
75565 The Binance Trap EJVSimon345877550536 2024.12.04 5
75564 The Eve Online Isk Guide For That Entrepreneur In Our Midst TrishaFinlay2668 2024.12.04 0
75563 Move-By-Phase Guidelines To Help You Attain Website Marketing Success JWVDanilo774766004753 2024.12.04 1
75562 Пути Выбора Идеального Онлайн-казино Beatriz43U12446184 2024.12.04 5
75561 Move-By-Stage Ideas To Help You Accomplish Online Marketing Accomplishment YNFDarcy9367987507586 2024.12.04 4
75560 A 30-Year Mortgage On The Home - Whose Brilliant Idea Was That? RKDBrittney9237909989 2024.12.04 0
75559 Why Do People Have Home Institutions? RaeMcLeay104748234067 2024.12.04 2
75558 11 "Faux Pas" That Are Actually Okay To Make With Your Live2bhealthy KristinaMacdowell96 2024.12.04 0
75557 Все, Что Следует Учесть О Бонусах Казино Официальный Sykaaa CelesteRhoden131499 2024.12.04 2
75556 Seo For Website DeboraCoker15143645 2024.12.04 0
75555 Okul Öncesi Ve 7-14 Yaş Çocuklar İçin American LIFE Ümraniye İngilizce Kursu TonjaSilver878006 2024.12.04 0
Up